by Ben Brown | 05/17/2023
The trend of cyber attacks is increasing. In fact, 4 out of 5 companies have suffered from a cyber attack, according to the Ponemon Institute. And these numbers have been growing for years: in 2018 the number was already up by 30% compared to 2017. So what does this mean for your company? The answer is simple: you should be prepared! That's why we've put together some tips from experts on how to protect your supply chain from cyber risks as well as how to prevent them in the first place:
The trend of cyber attacks is increasing. They’re becoming more frequent and sophisticated, as well as damaging to companies' reputations and bottom lines. Cyber security is a growing concern for many businesses that rely on technology to run their operations smoothly every day.
To keep your supply chain risk low, you should take a proactive approach. Start by being aware of the risks associated with your own business and those of your partners. You should also have a plan in place that will allow you to respond effectively in case of an attack or data breach. Finally, it's important that everyone involved knows what they need to do when faced with cyber extortion attempts, and how best not to respond!
If you're looking to improve your supply chain security, it's important to work with someone who understands the unique challenges of your business. A good IT consultant can help you make the right decisions for your company, and they'll be able to provide insight into how best to address those challenges. When choosing an IT consultant, consider their experience working with similar businesses as yours. If they've worked with other companies in similar industries or regions of the country as yours, then they may have valuable insight into what has worked well for those organisations, and what hasn't worked so well! A good IT consultant should also keep up-to-date on new technology trends so that he or she can recommend solutions that will work for your company now and into the future.
ISO 27001 is a good starting point for organisations that want to assess their current risk and develop a plan for improving their cyber security. As the name suggests, it's an international standard that sets out best practices for information security management systems (ISMS). It provides guidance on how to identify, analyse and manage risks related to your organisation's digital assets. ISO 27002 is more advanced than ISO 27001; it focuses on specific areas of information security such as access control, business continuity planning and disaster recovery. This standard also requires you to develop policies around incident response plans so you can respond quickly when something bad happens in your network or systems. A third option is ISO 27003:2007 - Information technology - Security techniques - Code of practice for information security controls with respect to confidentiality, integrity and availability
A strong IT infrastructure is the foundation of any supply chain. If your company's computers aren’t secure, then there's no way you can expect to successfully manage your risks and protect against cyber attacks. When it comes to creating a strong IT infrastructure, there are several things you need to consider:
Do you have questions about supply chain risk and cyber security tips from the experts? Our FAQs section is here to help! We've compiled answers to the most common questions related to supply chain cyber security, including best practices, risk assessments, and incident response planning. Explore these answers to enhance your supply chain's cyber security and safeguard your business from potential threats.
The short answer to this question is "it depends." If your business needs an IT person on staff, then it's important that you have a good one. A full time IT consultant can help you with cyber security, ISO certifications and IT infrastructure. They can also make sure that your company is operating at maximum efficiency in terms of its technology by providing quality advice about software and hardware purchases (and upgrades). However, if you already have an in-house team of employees who are highly qualified in their respective fields (for example: engineers or programmers), then hiring another person may not be necessary because they likely already have the skills needed to get the job done properly without needing extra assistance from outside sources like external consultants
If you don't have cyber security measures in place, the risks are high. For example, if your company's data is stolen and sold on the black market, it could be used to commit fraud against other companies or individuals. This could cause your partners in the supply chain’s trust in your brand to plummet and lead them away from doing business with you. Additionally, a breach of confidential information could result in irreparable damage to the reputation of your company, not only for its current products/services but also for future ones as well. If consumers learn about a breach of privacy at one company through news reports or social media posts by others who experienced similar breaches (or even worse), they may be reluctant about trusting any other companies that have suffered similar attacks as well because they fear their own personal information is no longer safe anywhere online.
The first step to having cyber security for your company is to start with the basics. Your IT infrastructure should be up-to-date and working properly, which includes making sure that all of your hardware and software is updated regularly. You should also make sure that you have policies in place regarding cyber security, including who can access what information and when they can access it. Finally, make sure that any tools used by employees are secure so no one has access to sensitive data or systems without permission. It's also important that you choose an IT consultant who understands how important this topic is!
In conclusion, it is important to have cyber security measures in place. If you are looking for help with this or any other IT related issue, please contact us at [email protected]
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