One of the most important challenges faced by enterprise organizations is to protect the enterprise against digital supply chain risk in 2022. The key to effectively addressing this risk involves building trust in the supply chain, reducing the external attack surface, and developing a robust DRPS strategy.
For a business to be successful, it must be agile, collaborative, and equipped with modern security tools. With the rise of the Internet of Things, cyber perils are a major concern. To address these challenges, companies need a robust first line of defense, such as a Digital Risk Protection solution.
A Digital Risk Protection solution combines threat intelligence with intelligent algorithms to detect threats in real time. It also enables organizations to scale up their security program. It is a powerful and effective tool for spotting vulnerabilities in the enterprise, and for protecting the organization’s online brand.
A DPRS solution must integrated with the organization’s existing security infrastructure, and must monitor and report on various digital threats. It must also provide executive reporting and guidance on security decisions. It must enable the organization to identify vulnerabilities, prioritize them, and remediate them. It should also be able to automatically alert the organization to threats that are outside the organization’s perimeter.
A DPRS solution must also be able to protect the organization’s reputation by detecting data leaks and fraud campaigns. It should also help prevent future attacks. A DRPS solution is also essential if an organization has hit by a cyberattack. Using an automated DRPS ensures that security teams able to stay up-to-date with threats.
External attack surface management
External attack surface management is an essential part of a security program. It can help organizations stay ahead of attackers, as well as keep their systems and data safe. A good solution will also offer a full set of capabilities, including classification, prioritization, continuous monitoring, and asset inventory.
A key benefit of external attack surface management is that it helps organizations prioritize vulnerabilities. This is especially important considering the growing number of third-party assets. It can also reduce the risk of vulnerabilities by updating and maintaining digital assets.
Identifying these assets can save organizations time and money. For example, an asset discovery tool can uncover key people and locations, and it can also explain the value of the digital presence.
Other tools include Cyber Asset Inventory and Cyber Risk Appetite Assessment. This latter tool provides a consolidated view of assets in your organization, as well as the risk associated with them.
The cyber risk appetite assessment compares your organization’s approach to industry standards. The resulting Cyber Risk Score can customize and monitored to determine whether a threat is on the horizon.
An asset discovery tool can also tell you where your digital presence is, and can improve your cross-team efficiency. This is particularly important for larger organizations, as they have thousands of active websites.
Building trust in the supply chain
The recent mass attacks on supply chains are a warning sign of hackers’ growing maturity on operational technology environments. They demonstrate the need to establish a company-wide cybersecurity culture to pro-actively mitigate risk.
As organizations continue to integrate digital technology into their operations, adversaries introduced to the global supply chain every day. These adversaries exploit gaps in vendor development cycles to gain access to victims further along the supply chain.
In response to these attacks, supply chain disruptions have become more frequent and severe. They can disrupt key industrial processes, degrade commercial functioning, and impact data integrity. In addition to damage, vulnerable supply chains can cause financial loss and environmental impacts.
For companies supplying critical components to DoD, ensuring supply chain security is a critical part of their mission. A lack of supply chain resilience can lead to business interruption, data integrity issues, and environmental disruption.
To defend the enterprise against digital supply chain risk in 2022, building trust in the supply chain is a must. This requires an organization’s ability to detect threats quickly and respond rapidly to mitigate them. However, even with strong security protection, attackers have discovered that supply chain vulnerabilities provide a high return on investment.
Third party risk is a blind spot for many companies. It can be effective to request System and Organization Controls (SOC) reports from third party suppliers. This can help a company identify instances of Nth parties and their leverage.