Third-Party Breaches Double: Is Your Supply Chain the Weakest Link?
Cybercriminals are doubling down on third-party breaches, exploiting weak links in supply chains. According to Verizon’s Data Breach Investigations Report, breaches involving third parties jumped to 30% this year. Companies like accountants and law firms are now prime targets. Remember, when it comes to cybersecurity, trust but verify—especially with your third-party vendors!
Hot Take:
Looks like the cybercriminal community took the adage “it takes a village” to heart, but with a twist. Instead of raising a child, they’re raising havoc by exploiting every neighbor, friend, and third cousin twice removed in your supply chain. Who knew partnership could be so dangerous? Time to rethink “sharing is caring,” folks!
Key Points:
– Third-party breaches doubled from 15% to 30% last year, according to Verizon’s DBIR.
– Cybercriminals target weak links in supply chains, like law firms and accountants.
– Vendors often fail at access control, leaving secrets exposed for an average of 94 days.
– A major breach involved reused credentials from Snowflake, affecting big names like Santander.
– Verizon suggests making cybersecurity a procurement priority and holding vendors accountable.