In today’s interconnected world, supply chains are essential for nearly every product and service. Yet, this interconnectedness comes with vulnerabilities. In fact, 41% of organizations that suffered material impacts from a cyberattack in 2023 report that those cyberattacks originated from a third party, according to the 2024 Global Cybersecurity Outlook by the World Economic Forum. What supply chain security issues might your organization face?

Data security is vital to your organization’s well-being. A single data breach costs $4.88 million on average, according to IMB’s Cost of a Data Breach Report 2024. Besides financial losses, data exfiltration may damage a brand’s reputation, cause operational disruptions, and result in legal actions. Therefore, giving maximum attention to your cybersecurity measures and constantly enhancing them is a must.