Supply Chain

Ransomware and Supply Chain: How Vendors Create Victims Ransomware attacks are a growing menace, causing significant disruption and financial loss. In 2024, these attacks reportedly cost businesses an estimated $9.5 trillion globally. This escalating trend highlights the critical need for robust cyber security strategies. A particularly concerning aspect is the vulnerability introduced through Supply Chain product vendors, who, inadvertently or otherwise, can become a gateway for Ransomware. The Role of Supply Chain Vendors Supply Chain vendors are integral to modern business, providing essential software and hardware components. However, this reliance creates a potential weak link. These vendors often possess sensitive information about their client organisations, making them attractive targets for cyber criminals. A compromised vendor can provide attackers with a foothold into multiple organisations simultaneously. Vendor-Related Risks: Several factors can increase the risk of Ransomware attacks originating from Supply Chain vendors: Unpatched Vulnerabilities: Vendors failing to promptly patch security flaws in their

Ransomware: How Susceptible Is Your Organisation? - Part 2 Building upon our previous article, "Ransomware: How Susceptible Is Your Organization? - Part 1," we continue our exploration of this escalating cyber threat. Ransomware attacks have skyrocketed in recent years, causing significant disruption and financial losses to organisations worldwide. This malicious software encrypts valuable data, holding it hostage until a ransom is paid, leaving organisations in a vulnerable position. The increasing frequency and sophistication of these attacks highlight the urgent need for effective cyber security strategies. This article delves deeper into the devastating impact of Ransomware on organisations, identifying common attack vectors and high-value targets within organisations. We also examine essential defence-in-depth strategies, the importance of threat intelligence, and crisis management planning. By understanding these key areas, organisations can strengthen their Ransomware resilience and protect their critical assets. Leveraging Threat Intelligence for Ransomware Prevention Threat intelligence is a crucial tool in

Ransomware: How Susceptible Is Your Organisation? - Part 1   Ransomware has become a critical cyber security threat, causing significant disruption and financial losses to organisations worldwide. This malicious software encrypts valuable data, holding it hostage until a ransom is paid, often leaving businesses in a precarious position. The rise in Ransomware attacks has led to a growing need for robust defence strategies and increased awareness among organisations of all sizes and sectors. To tackle this evolving threat, organisations must understand their vulnerabilities and implement comprehensive protection measures as the weakest and most vulnerable will be targeted. This article explores the business impact of Ransomware, identifies high-value targets within organisations, and examines common attack vectors in the financial sector. It also delves into defence-in-depth strategies, the use of threat intelligence for prevention, crisis management, and the importance of cyber security governance. By addressing these key areas, organisations can enhance their