Protecting Your Business From A Supply Chain Attack

A common go-to strategy that a cyber criminal uses to gain access to a corporate network is a simple phishing exercise. That’s because with minimal effort or resources, they can target thousands of end-users who work within your supply chain, which offers a good chance of success.

When criminals have gained access to one of your suppliers’ networks, they typically try to access other devices and aim to obtain key login credentials that will provide them access to even more valuable internal systems. Their ultimate goal is to access a machine or system from which source code can be modified.

And from this point, your supplier is at the mercy of the hackers, and soon so will your organisation!

However, through understanding how criminals operate, it is possible to protect your organisation’s supply chain from cyber attacks.

What Is Motivating The Rise In Supply Chain Attacks?

According to the European Union Agency For Cybersecurity (ENISA), the number of supply chain attacks last year almost quadrupled, no doubt kick-started by the infamous SolarWinds breach that went on to impact tens of thousands of government and private organisations. Microsoft President, Brad Smith, even referred to the SolarWinds breach as the “largest and most sophisticated cyberattack the world has ever seen.” It certainly appears to have opened the floodgates for other threat actors to try their hand. But what is motivating such attacks, and does that have any bearing on how they are evolving? 

Let’s put ourselves into the shoes of a threat actor. Are we going to look at the supply chain first and then take an opportunistic approach to carrying out an attack, or do we choose a high-value target and work backward through the supply chain to find a weak link? Unfortunately for businesses, most cybercriminals don’t discriminate between these two approaches. They will use either strategy to hit their mark or uncover a vulnerability they know could open the door to countless further attacks. 

Advanced persistent threats (APTs) are unique in that they are usually quite organised and will have a very specific target in mind that they will seek to infiltrate over long periods of time, often lying dormant or quietly siphoning off data until they strike or leave unnoticed. APTs usually have motives that extend beyond mere financial gain, such as the politically motivated Colonial Pipeline attack in 2021.

These are the kinds of supply chain attacks that government organisations and public entities need to be mindful of.

For regular businesses, however, opportunistic software supply chain attacks are far more common. Cybercriminals will often focus their attention on large software providers whose products underpin critical business infrastructure or support the development or delivery of products, derailing businesses and spiralling them into chaos.  

The Tightrope Of Third-party Risk

Today’s digital landscape is almost entirely predicated on the concept of outsourcing. It’s impossible for one business to excel at every single function it needs in order to thrive and compete in the modern world, so things naturally get outsourced. Today’s supply chain is therefore less like a “chain” in the traditional sense, and more like an interconnected web of software that keeps things ticking over for businesses. These dependencies on third parties, while necessary, are the reason so many businesses are finding themselves vulnerable. Perhaps it’s time for businesses to “reframe” the relationships they have with software suppliers to be more security-centric. 

It’s important that businesses maintain an element of independence and separation from their supplier partners. Regardless of how close an organisation’s commercial relationship may be with its suppliers, it should nevertheless always “assume zero trust” by only giving partners access to what they need in order to carry out their function. By enacting “least privilege”, businesses are ensuring that even if their suppliers are breached, the damage to them will at least be limited. It’s like the difference between keeping fire doors closed or leaving them wide open. Give third parties the access they need to certain rooms, but don’t take the doors off the hinges otherwise any fires that occur will undoubtedly spread. 

Broadening Attack Surfaces

Attack surfaces are not only larger than ever before, but they’re expanding at a rate that’s unprecedented. As more businesses allow more endpoints on their network, from employees’ personal devices to security cameras and other “smart” technologies, the opportunities for attackers to infiltrate a supply chain are increasing. This has, of course, been exacerbated by the pandemic and hybrid working, forcing businesses to revaluate their security posture and put tighter control policies in place that account for remote working. But while a business may take those steps, the companies along its supply chain might not.

This is where third-party risk management (TPRM), which should be a crucial component of any risk management solution, really comes into play. 

It’s very difficult for organisations to audit every touchpoint along the supply chain journey from, say, an accountant in one company to somebody processing an order in the next, each using their own devices at home or in the office. But this is where supply chain assessments come in, ensuring that each organisation along the supply chain complies with basic security standards that reflect those of the business in question. In short, security maturity must be assured across the board. 

Craig Moores is Risk Advisory, Senior Director at SureCloud

You Might Also Read: 

Multiple Location Supermarket Suffers Supply Chain Attack:

 

« Phishers Use Ukraine Invasion To Solicit Cryptocurrency
Hackers Breach Multifactor Authentication »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

The PC Support Group

The PC Support Group

A partnership with The PC Support Group delivers improved productivity, reduced costs and protects your business through exceptional IT, telecoms and cybersecurity services.

CSI Consulting Services

CSI Consulting Services

Get Advice From The Experts: * Training * Penetration Testing * Data Governance * GDPR Compliance. Connecting you to the best in the business.

IT Governance

IT Governance

IT Governance is a leading global provider of information security solutions. Download our free guide and find out how ISO 27001 can help protect your organisation's information.

Syxsense

Syxsense

Syxsense brings together endpoint management and security for greater efficiency and collaboration between IT management and security teams.

Clayden Law

Clayden Law

Clayden Law advise global businesses that buy and sell technology products and services. We are experts in information technology, data privacy and cybersecurity law.

Tufin

Tufin

Tufin enables organizations to automate their security policy visibility, risk management, provisioning and compliance across their multi-vendor, hybrid environment.

AppRiver

AppRiver

AppRiver is a global provider of cloud-based email and web security solutions that protect businesses worldwide from today's ever-changing online threats.

Sandline Discovery

Sandline Discovery

Sandline Discovery provides digital forensics, eDiscovery solutions, managed review and litigation consulting services.

netfiles

netfiles

netfiles offers highly secure data rooms for sensitive business processes and secure data exchange.

MedCrypt

MedCrypt

MedCrypt are a team of medical device experts focused on bringing modern cybersecurity features to the next generation of healthcare technology.

Applied Science and Technology Research Institute Company Limited (ASTRI)

Applied Science and Technology Research Institute Company Limited (ASTRI)

ASTRI's mission is to enhance Hong Kong’s competitiveness in technology-based industries through applied research in areas including Security & Data Sciences which encompasses cybersecurity.

ENLIGHTENi

ENLIGHTENi

ENLIGHTENi are the platform to develop next-gen talent in Technology, Risk, and Cybersecurity. Our mission is to develop next-gen talent through challenge-based learning and team collaboration.

National Cybersecurity Competence Centre (NC3)

National Cybersecurity Competence Centre (NC3)

NC3 has been established in response to growing demands for practically applicable products and solutions for ensuring cybersecurity of critical and non-critical information infrastructures.

Inspira Enterprise

Inspira Enterprise

Inspira Enterprise is a leading digital transformation company with expertise in Cyber Security, Internet of Things (IOT), Blockchain, Big Data & Analytics, Intelligent Automation and Cloud Computing.

Tier One Technology Partners

Tier One Technology Partners

Tier One Technology Partners is an IT managed services provider that focuses on cybersecurity, cloud services, IT consulting, and infrastructure.

Center for Infrastructure Assurance and Security (CIAS)

Center for Infrastructure Assurance and Security (CIAS)

CIAS is developing the world's foremost center for multidisciplinary education and development of operational capabilities in the areas of infrastructure assurance and security.

Swiss It Security Group

Swiss It Security Group

Swiss It Security Group offers clients complete IT security concepts based on innovative solutions and technology, with a focus on protection, detection and defence.

Mitnick Security

Mitnick Security

Mitnick Security is a leading global provider of information security consulting and training services.

J.S. Held

J.S. Held

J.S. Held is a global consulting firm providing technical, scientific, and financial expertise across all assets and value at risk.

Esprinet

Esprinet

The Esprinet Group is an enabler of the technology ecosystem: a team of people who promote access to technology through an extensive network of professional resellers.

Credo AI

Credo AI

Credo have pioneered a Responsible AI platform that enables context driven, comprehensive and continuous governance, oversight and accountability of AI.