Economic Uncertainty Leads to Additional Security Risks
Briefly

Economic Uncertainty Leads to Additional Security Risks
"The report found that nearly half (49%) of respondents report that supply chain changes caused by shifting global economic policies and geopolitical tensions around the world are creating increased cyber risk to CPS assets and processes. Forty-five percent are also concerned about their ability to reduce risk to key CPS assets, and in their overall understanding of their risk posture."
"A ripple effect of shifting supply chains is the escalation of risks associated with third-party remote access, as organizations re-evaluate their vendors and introduce new remote access tools into already complex and exposed CPS environments. Forty-six percent of respondents said they've been breached in the last 12 months because of third-party access and 54% report they've discovered security gaps or weaknesses in vendor contracts post-incident. As a result, 73% of respondents said they are re-evaluating third-party remote access to CPS operations."
Economic and geopolitical uncertainty is increasing cyber risk to CPS assets, with 49% reporting supply chain changes create elevated risk. Forty-five percent express concern about reducing risk to key CPS assets and understanding overall risk posture. Sixty-seven percent are reconsidering supply chain geography to mitigate exposure. Shifting suppliers escalate third-party remote access risks, with 46% reporting breaches tied to third-party access and 54% finding vendor contract security gaps post-incident; 73% are re-evaluating remote access. Nearly 70% say current CPS security meets standards, yet 76% expect emerging regulations to require major strategy overhauls. Top mitigations include audits and improved change-approval processes.
Read at Securitymagazine
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