In today’s highly connected digital world, the notion of having a secured “perimeter” around your organization’s data is fast becoming obsolete. A new form of cyberattacks, called the Supply Chain Attack, has been discovered, exploiting the complicated web of services and software that businesses depend on. This article focuses on the supply chain attack as well as the threat landscape and the weaknesses of your business. It also outlines the steps that you can take to improve your security.
The Domino Effect: A Tiny Flaw can Cripple your Business
Imagine this scenario: your company doesn’t use a particular open-source library that has a known security flaw. The data analytics provider on which you depend heavily has. This seemingly minor flaw can be your Achilles heel. Hackers exploit this vulnerability within the open-source code, gaining access to the service provider’s systems. Now, they could gain access to your business, via an invisible third-party connection.
This domino effect perfectly illustrates the insidious nature of supply chain attacks. They can penetrate systems that appear to be secure through exploiting vulnerabilities in partner programs, open-source libraries or cloud-based applications.
Why Are We Vulnerable? Why Are We At Risk?
In reality, the exact factors which have fuelled the current digital age – in the past – the widespread adoption of SaaS software and the interconnectedness amongst software ecosystems — have led to the perfect storm of supply chain threats. It is impossible to track every piece of code that is part of these ecosystems even if it’s in some way.
Traditional security measures are not adequate.
Traditional cybersecurity strategies centered around strengthening your systems are not enough. Hackers are adept at identifying the weakest link in the chain and bypassing firewalls and perimeter security to infiltrate your network via reliable third-party suppliers.
The Open-Source Surprise It’s not all equal: Free Code is Created Equal
Another vulnerability is the huge popularity of open-source software. While open-source software libraries are an excellent resource but they can also create security threats due to their popularity and dependance on voluntary developers. One flaw that is not addressed in a library that is widely used can expose countless organizations who have unknowingly integrated it into their systems.
The Invisible Threat: How to Recognize a Supply Chain Security Risk
The nature of supply chain attacks makes them challenging to detect. Certain warnings could be a cause for concern. Strange login attempts, unusual activity with your data or sudden updates from third party vendors may suggest that your system is compromised. An announcement of a serious security breach that affects a large library or service provider might be a sign your system is in danger.
Fortress building in the fishbowl: Strategies that reduce the risk of supply chain risks
What could you do to improve your defenses? Here are some important steps to think about:
Reviewing your Vendors: Make sure to use a thorough vendor selection process and a review of their security practices.
Cartography of Your Ecosystem: Create a comprehensive map of the various software, services, and libraries your organization relies on directly or indirectly.
Continuous Monitoring: Ensure you are aware of every security update and check your system for suspicious behavior.
Open Source With Caution: Take care when integrating open source libraries. Make sure to select those with been vetted and have an active maintenance community.
Building Trust Through Transparency Your vendors should be encouraged to implement robust security procedures and promote open communication regarding the possibility of vulnerabilities.
Cybersecurity Future Beyond Perimeter Defense
The increasing threat of supply chain threats requires an overhaul in the way businesses approach cybersecurity. A focus on protecting your perimeter is no longer enough. Companies must implement an integrated approach that focuses on collaboration with vendors, increases transparency within the software industry and mitigates risks across their digital chains. Be aware of the risks associated with supply chain attacks and strengthening your defenses will allow you to improve your company’s security in a more interconnected and complex digital world.