Supply Chain Breach Blues: Why 97% of Companies Are Feeling the Pinch!
In the latest BlueVoyant survey, 97% of organizations reported being hit by a supply chain breach, up from 81% in 2024. Despite this, there’s a push for maturity in third-party risk management programs, though challenges like internal support and compliance-driven approaches persist. Looks like TPRM is the new “adulting” in cybersecurity!
Hot Take:
Looks like the supply chain is the new Achilles’ heel for businesses! Who knew that the real weak link was not the flimsy Wi-Fi connection but the vendors we trusted all along? It’s time organizations take a page out of Santa’s book and check their lists twice—or thrice!
Key Points:
- 97% of organizations have been hit by supply chain breaches.
- 45% of organizations are actively collaborating with third parties to fix issues.
- 46% claim to have mature Third-Party Risk Management (TPRM) programs.
- 60% cite lack of internal support as a major hurdle in TPRM effectiveness.
- 96% plan to expand their third-party ecosystems without adequate oversight.
Already a member? Log in here