Third-Party Breaches: The Comedy of Errors in Supply Chain Security
Black Kite’s 2024 Third-Party Breach Report reveals a chilling reality: unauthorized network access accounted for over 50% of third-party breaches. Vendors, it seems, are like that one friend who can’t keep a secret. Organizations must act fast with real-time monitoring, MFA, and network segmentation to keep things under wraps.
Hot Take:
Ah, the digital age: where your neighbor’s cat videos and a hacker’s latest exploit can travel faster than a sneeze in a crowded elevator. The supply chain isn’t just for getting your packages late anymore; it’s for delivering ransomware, unauthorized access, and credential misuse straight to your doorstep! It’s like a cyber soap opera where everyone’s secretly plotting against you – except here, the “plot twist” is a ransomware demand. Grab your popcorn, folks, because the third-party breach drama is just getting started!
Key Points:
- Black Kite’s 2024 report links 92 vendors to breaches affecting 227 companies, with potential impacts on over 700 organizations.
- Unauthorized network access accounts for over 50% of third-party breaches.
- Ransomware attacks utilize third-party vectors in 66.7% of cases.
- Credential misuse, including dark web dumps, accounts for 8% of breaches.
- One in four breaches originates with software vendors, highlighting risks in software supply chains.