The devastating Target breach – the result of an earlier attack on the retail giant’s HVAC vendor – wasn’t an anomaly. New research from BlueVoyant found that 92 percent of U.S. organizations suffered a breach in the past 12 months as a result of weakness in their supply chain.
When four other countries (the U.K., Singapore, Switzerland and Mexico) are included in the research, 80 percent of the more than 1,500 CIOs, CISOs and CPOs suffered a third-party-related breach in the past 12 months. The respondents work for companies that employ more than 1,000 people across a range of industries including: business services, financial services, health care and pharmaceutical, manufacturing, utilities and energy.
Exacerbating the risk: organizations don’t understand what security measures members of their supply chain have in place with 69 percent admitting they don’t have full visibility into their vendors.
“Time and again, as organizations investigate the sources and causes of malicious cyber attacks on their infrastructures, they discover that more often than not, the attack vector is within the infrastructure owned by third-party partners,” said Debora Plunkett, who sits on the BlueVoyant board of directors and was formerly ..
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