Supply Chain Cyberattacks Surge: $82M Losses Spur Urgent Defense Tactics

April 10, 2024
Supply Chain Cyberattacks Surge: $82M Losses Spur Urgent Defense Tactics
  • Software supply chain attacks are a growing threat, with a 2,600% increase in impacted organizations since 2018.

  • The financial impact is substantial, with an average annual loss of $82 million per affected organization in key sectors.

  • Gartner forecasts a three-fold rise in such attacks by 2025, highlighting an urgent need for improved defense strategies.

  • To combat these risks, experts advise a comprehensive risk management approach and careful selection and monitoring of vendors.

  • Key recommendations include robust cybersecurity clauses in contracts, continuous monitoring, cybersecurity training, and partnership collaboration.

  • CISOs and security teams must prioritize these protective measures to shield against the escalating threat of supply chain cyberattacks.

Summary based on 2 sources


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