“Cybercriminals – in contrast to relaxed, VC-backed cybersecurity firms – are militarily pragmatic, focusing their efforts on the fastest and most cost-efficient ways to compromise the data they need.”
Ilia describes suppliers as “low-hanging fruit” for cybercriminals, noting they “frequently do not have sufficient cybersecurity budgets or simply neglect data protection, naively believing that nobody wants to hack them”.
Experts like Sian are calling for enhanced collaboration between public and private sectors to address these growing threats, recommending that organisations implement comprehensive security strategies that extend beyond their own networks to include supplier assurance, regular audits and increased staff training.
“Cybersecurity is a shared responsibility,” she adds. “Government bodies, regulators and industry groups must work together to share intelligence, offer guidance and promote best practices that protect the integrity of our national infrastructure.”
Explore the latest edition of Supply Chain Digital Magazine and be part of the conversation at our global conference series, Procurement & Supply Chain LIVE.
Discover all our upcoming events and secure your tickets today.
Supply Chain Digital is a BizClik brand.
