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

MIRACL

MIRACL

MIRACL provides the world’s only single step Multi-Factor Authentication (MFA) which can replace passwords on 100% of mobiles, desktops or even Smart TVs.

Syxsense

Syxsense

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

BackupVault

BackupVault

BackupVault is a leading provider of automatic cloud backup and critical data protection against ransomware, insider attacks and hackers for businesses and organisations worldwide.

Cyber Security Supplier Directory

Cyber Security Supplier Directory

Our Supplier Directory lists 6,000+ specialist cyber security service providers in 128 countries worldwide. IS YOUR ORGANISATION LISTED?

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

softScheck

softScheck

softScheck is an IT security consultancy. Services range from pentesting and compliance testing to security auditing of software and IT infrastructure.

Exprivia

Exprivia

Exprivia is active in the design, development and integration of IT systems including cyber security.

Atomicorp

Atomicorp

Atomicorp, the leader in Secure Linux, is a developer of solutions for the protection and support of cloud, virtual, shared, and dedicated web hosting environments.

Nuvias Group

Nuvias Group

Nuvias Group is a specialist value-addedd IT distribution company offering a service-led and solution-rich proposition ready for the new world of technology supply.

LSEC

LSEC

LSEC is a global innovator and facilitator for the Cybersecurity industry. It is a non-profit membership organisation supporting further maturing the industry through its end users.

Asseco Group

Asseco Group

Asseco Poland stands at the forefront of the multinational Asseco Group. We are a leading provider of state-of-the-art IT solutions in Central and Eastern Europe.

Block Armour

Block Armour

Block Armour is a Mumbai and Singapore based venture focused on harnessing emerging technologies to counter growing Cybersecurity challenges in bold new ways.

Hawk Network Defense

Hawk Network Defense

HAWK.io is the First Fully Automated, Multi-Tenant, Cloud-Based, MDR Service Company.

Cyway

Cyway

Cyway is a value-added cybersecurity distributor focusing on on-prem, cloud solutions and hybrid solutions, IoT, AI & machine learning IT security technologies.

Fluid Attacks

Fluid Attacks

Fluid Attacks specialize in red team operations as well as technology development that continuously enhance our security testing services.

Epiphany Systems

Epiphany Systems

Epiphany enhances your defensive security controls by providing you with an offensive perspective. We expose the most likely attack paths to your most critical IT assets and users.

LimaCharlie

LimaCharlie

LimaCharlie gives security teams full control over how they manage their security infrastructure. Get full visibility, build what you want, control your data, get the security capabilities you need.

inWebo

inWebo

inWebo is the specialist in multi-factor strong authentication (MFA). We guarantee the security of data and identities in a digital world with increasingly important economic and political stakes.

Oleria Security

Oleria Security

Oleria is the only adaptive and autonomous security solution that helps organizations accelerate at the pace of change, trusting that data is protected.

SecondSight

SecondSight

SecondSight’s Vertical AI embodies a full-spectrum approach to cyber insurance, facilitating accurate digital risk profiling.

DeepTempo

DeepTempo

At DeepTempo, we build AI models and related software that protect enterprises and service providers from sophisticated cyber threats.