When a new supplier comes on board, are you checking if they’re adding any cyber security risks to your supply chain?
Or are there multiple weak links?
Whatever sector you are operating in, whether that’s manufacturing, retail, logistics, or technology, your supply chain can comprise of a complex network of suppliers, partners, and service providers.
As cyber threats evolve to become more sophisticated and high profile cyber security incidents have hit the headlines, ensuring the security of your supply chain is no longer a ‘nice to have’, it’s a necessity.
Supply chain security refers to the systems, policies, and processes designed to safeguard the flow of goods, services, and information across every stage of your supply chain. A huge amount of data flows throughout the chain on shared data systems and integrated software platforms. Once a single supplier is compromised, this can expose your business and its data. Sensitive information, disruption to operations or even the halting of all business operations can have a devastating impact.
Cybercriminals often look to the smaller suppliers as a way into the larger organisations. This ‘back door’ approach means cyber attackers can quickly and easily infiltrate systems, which heightens the need for a robust supply chain security strategy.
Over recent months the UK has seen a surge in cyberattacks exploiting supply chain vulnerabilities. They have shown just how far-reaching and impactful the consequences can be. These disruptions can lead to longer turnaround times, product shortages, and reputational damage. In sectors which are highly regulated, such as Legal and Finance, they can also trigger legal penalties and compliance violations.
Beyond the immediate risk mitigation, having a strong supply chain security can become a powerful differentiator and provide you with a competitive edge.
Customers and investors are increasingly favouring companies that demonstrate cyber resilience and accountability. A secure, transparent supply chain builds trust and that’s something that can’t be copied.
In addition to this, regulatory compliance is tightening. Frameworks like Cyber Essentials Certification are raising expectations for a supply chain.
So, how secure is your supply chain?
We deliver a wide range of cyber security solutions that help you identify threats, respond quickly and create awareness for every part of your supply chain.
Talk to one of our Cyber Security Experts today.