"Modern supply chains are a complex web of interconnected, intertwined digital ecosystems, each supporting the other. Look around you, and everything from how your workstations perform to how your data is being managed consists of several different suppliers and vendors, beyond what might be evident to you on first glance. You may have bought your web domain from an American company,"
"However, this is where the problem begins. A single outage, data breach or fault with one of these vendors can have a devastating ripple effect on your business operations. Your direct vendor might not even be responsible, but their service might depend on a third-party provider, with whom you have no connection, and yet, your business takes the complete brunt of the situation."
"In 2021, millions of websites across the world suddenly went offline. This included business websites, banks, ecommerce ports and even government agencies. In fact, it took out a major chunk of European and mostly French websites. After a couple of hours, it was found that one of the four data centers owned by the company OVHcloud was destroyed due to a fire."
Modern supply chains form complex, interconnected digital ecosystems spanning many suppliers, vendors and geographies. Organizations often use services from multiple providers, with data and infrastructure distributed across continents. Hidden interdependencies mean a fault at one vendor or a third-party provider can cascade into widespread outages, data breaches and operational disruption. Direct vendors may not be responsible yet their dependencies can inflict full business impact. Companies must assess and mitigate supplier and vendor data risks beyond internal controls. A 2021 OVHcloud data-center fire caused millions of websites to go offline, backups failed, and losses reached tens of millions.
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