Welcome to part 2, of “3 Compelling Reasons to Invest in Cyber Security”. In Part 1, I discussed assessing and prioritising your organisation’s risks as well as commencing a risk assessment.
Step 2: Understand Your Supply Chain
In part 2, I will discuss your organisation’s supply chain. Even if your organisation’s IT network is protected, your supplier may not be! Why should you encourage the board to take this into consideration? With today’s delicate economy, the stability of the supply chain is also under threat. An attacked supply chain can potentially be disastrous to profitability, business continuity, and compliance. For restaurants, a supply chain manager must ensure adequate fresh stock of all food. For a posh hotel, champagne must keep flowing. For organisations involved in healthcare, a breakdown in the supply chain (e.g. a shortage of medical supplies) may not only inflict damage to the organisation but also threaten human lives. more