Supply chain risk is now recognized as a top challenge, with more than half of security breaches attributed to supply chain and third-party suppliers. This can be a costly vulnerability. The global average data breach cost was $4.35 million last year, according to IBM's Cost of a Data Breach 2022 report.

These risks stem from many factors, such as the shift to a remote workforce, multi-tier supply chains, increasingly complex security architectures and regulations and the move to digital supply chains. As organizations recognize supply chain risk as a significant threat, the time is now to take steps to secure your organization and instill trust in your customers.

Introducing Supply Chain Cyber Risk Management Services!

Supply chain risk is now recognized as a top challenge with more than half of security breaches attributed to supply chain and third-party suppliers. These risks stem from many factors including the shift to a remote workforce, multi-tier supply chains, increasingly complex security architectures, and the evolution to online buying brought on by the pandemic.

With IBM Security Supply Chain Cyber Risk Management Services, organizations can develop a comprehensive approach to identify and mitigate security and regulatory risks that their current and potential suppliers may carry.  Based on an integrated, risk-based, programmatic framework for managing third-party relationships and risks, our approach allows clients to identify high risk vendor relationships based on services provided, data accessed, key assets, and potential threats.

Register for the webinar on 3/16 at 11am EST. We hope you are able to join us. 

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Sambit Misra
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