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A supply chain attack is a cyber-attack that seeks to damage an organization by targeting less secure elements in the supply chain. [1] A supply chain attack can occur in any industry, from the financial sector, oil industry, to a government sector. [2] A supply chain attack can happen in software or hardware. [3]
Supply-chain risk management is aimed at managing risks in complex and dynamic supply and demand networks. [1] (cf. Wieland/Wallenburg, 2011)Supply chain risk management (SCRM) is "the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity".
A healthy and robust supply chain absent from security threats requires safeguarding against disturbances at all levels such as facilities, information flow, transportation of goods, and so on. A secure supply chain is critical for organizational performance. [2] Typical supply-chain security activities include:
In February 2024, a malicious backdoor was introduced to the Linux build of the xz utility within the liblzma library in versions 5.6.0 and 5.6.1 by an account using the name "Jia Tan".
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[9] [10] [11] A supply chain attack on SolarWinds's Orion software, widely used in government and industry, provided another avenue, if the victim used that software. [ 5 ] [ 39 ] Flaws in Microsoft and VMware products allowed the attackers to access emails and other documents, [ 16 ] [ 17 ] [ 7 ] [ 8 ] and to perform federated authentication ...
Supply chain risk management (SCRM) aims at maintaining supply chain continuity in the event of scenarios or incidents which could interrupt normal business and hence profitability. Risks to the supply chain range from everyday to exceptional, including unpredictable natural events (such as tsunamis and pandemics ) to counterfeit products, and ...
To overcome these challenges, companies mitigate supply chain interruptions and reduce risk with strategies and tactics that address supplier-centric risk at multiple stages in the relationship: On boarding: Bringing suppliers into the operation with registration that includes: A centralized supplier registration portal
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