Logistics companies face cybersecurity threats primarily through third-party partners, with a recent survey revealing that over 52% of organizations experienced related incidents. Hackers exploit these trusted relationships, successfully bypassing traditional security measures to target organizations. The Okta breach in 2023 illustrates the danger of third-party vulnerabilities, as attackers targeted customers rather than the service itself. Alarmingly, 15% of businesses do not implement essential third-party risk management (TPRM), which is crucial for safeguarding supply chains from increased cyber threats. Effective TPRM can help logistics firms navigate risks while leveraging the benefits of external partnerships.
Threat actors are exploiting this weak link by striking trusted partners to infiltrate their true targets, bypassing traditional defenses.
Over half (52%) of the organizations encountered cybersecurity incidents stemming from third-party vendors, exposing a critical vulnerability in supply chains.
Almost one in five (15%) businesses bypass third-party risk management processes altogether, exposing themselves to significant cyber threats.
The Okta breach in 2023 exemplifies how malicious actors infiltrate organizations through trusted third-party service providers.
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