On July 25 this year, the FBI warned that supply chains are “increasingly a point of vulnerability for computer intrusions.” The warning comes at a time when supply chain attacks are on the rise. Security Intelligence reported that 62% of organizations surveyed experienced a supply chain attack in 2021. While many of those attacks were minor, more than half of the organizations surveyed claimed to have faced a significant or moderately impactful attack.
Third-party risk, otherwise called supply chain cybersecurity issues first surfaced in 2008, when the SANS institute warned that digital picture frames sold at Walmart had been infected with a virus. That same year, Bloomberg Businessweek reported concerns that counterfeit, defective chips from China were installed in U.S. warplanes and ships.
In 2013, Target’s air conditioning supplier inadvertently opened the door to a data breach that resulted in the theft of 40 million people’s credit card details. Over the last decade, we have seen an increasing number of supply chain cyberattacks. SolarWinds, CodeCov, Log4Shell, and Mimecast are just a few that have grabbed the headlines and shown enterprises just how vulnerable they are to nation-state-grade third-party attacks.
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