Supply Chain Vulnerabilities
A supply chain is a network of organizations, people, activities, and resources involved in producing and delivering goods or services to customers. Modern business operations often rely on a supply chain that encompasses service providers, hardware manufacturers, and software vendors. While this interconnected network enhances efficiency and innovation, it also introduces vulnerabilities that can have far-reaching consequences. This section covers the vulnerabilities associated with service, hardware, and software providers in the supply chain, highlighting potential risks and proposing strategies to fortify the foundation of business operations, as follows:
- Service provider vulnerabilities: As businesses increasingly outsource various functions to service providers, the reliance on external entities for critical services creates exposure. Poorly managed third-party relationships can result in lapses in security controls, leading to data breaches...