Businesses suffer major financial damage as a result of supply chain attacks

Security breaches caused by the compromise of a software provider or other partner are causing businesses significant headaches, a new report from email security company GreatHorn suggests. Also known as supply chain attacks, these incidents have affected three quarters of organizations, the majority (79%) of which suffered financial losses as a direct result, to the tune of $6.1 million on …

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Many security pros aren’t confident they could repel a major supply chain attack

While security and software development teams bicker over whose responsibility it is to improve security in the software build and distribution environments, a new major supply chain attack could well be brewing.  This is according to a new report from machine identity management firm Venafi. Polling more than 1,000 information security professionals, developers, and executives in the IT and software …

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Technology and the foundations for building supply chain resiliency

The past year has seen numerous disruptions to global supply chains, accelerated by the Covid-19 pandemic and trade discussions around Brexit. Congestion at ports and reduced shipping and air capacity has meant that even the most prepared businesses have faced issues throughout their supply chains.  The impact of Covid-19 was felt heavily on global supply chains across multiple industry sectors, …

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Majority of large businesses caught up in supply chain attacks last year

The majority of large enterprises (64 percent) suffered a software supply chain attack last year, according to a report from security company Anchore. Based on a poll of IT, security and DevOps leaders at 425 companies, the report states that the use of software containers is on the rise thanks to the widespread use of DevOps processes to speed up …

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How to build strong vendor relationships without neglecting supply chain security

Supplier and vendor risk management has become a regular boardroom discussion point over the last 12 months following a string of high-profile supply chain attacks. An important element of the supply chain is software vendors, so IT teams have been looking to refine and improve their approach to mitigating risk in this area. We all want to have fruitful relationships …

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Improving supply chain performance | ITProPortal

The supply-chain for any business is not a simple, linear chain of activities; it is a dynamic network of integrated processes, technology, and people. With many CEOs not considering supply-chains until something monumental goes wrong, organizations need to develop coherent strategies and make data-driven decisions to improve supply-chain performance. Achieving excellence in supply chain management can deliver sustainable growth and …

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What’s next for supply chain processes?

Global supply chains have been under immense pressure over the past year. Unprecedented demand for online goods, critical medical supplies and more, coupled with worldwide stock shortages, has left supply chains struggling to keep up with ever-increasing customer needs and expectations. Indeed, recent research suggests that the pandemic disrupted more than three-quarters (78 percent) of supply chains.  The pandemic brought …

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How organizations around the globe are continuing to grapple with the impact in-person restrictions are having on supply chain operations

Supply chain operations are under pressure. Twelve months from the beginning of the global pandemic, UK organizations are still struggling with the impact in-person restrictions have had on supply chains. Even though ‘delivery driver’ has become one of UK’s most sought-after jobs in 2020, according to ManPowerGroup, the logistics of ensuring successful last-mile delivery is still difficult to achieve. The …

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Protecting the supply chain: Hardening systems to safeguard vaccine distribution and other critical functions

Security teams began 2021 on high-alert, following a year of unexpected pandemic challenges and one of the most notable supply chain attacks to-date. While the SolarWinds attack posed the greatest threat for high-value targets across government, critical infrastructure, and the private sector, the impact of the attack far exceeds the list of organizations affected. The event initiated a global reckoning …

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Herding cats: How digital transformation starts with controlling your supply chain

For years, businesses were encouraged to see their IT departments as a non-core activity; solely there to enable transactional business, improve company efficiency and keep the lights on. A consequence of this perspective was the outsourcing of IT. Do you really need to own the infrastructure, the hardware, the development capability? If not, why not outsource it, or consume it …

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