5 Sep 2022

As cyber attackers increasingly look to capitalise on accelerating digitalisation that has seen many enterprises significantly increase their reliance on cloud-based solutions and services as well as third-party service providers, software supply chain risk has become a major concern of organisations.

Seventy-nine percent of security professionals responding to a recent survey conducted by the Neustar International Security Council (NISC) indicated that their organisation’s reliance on cloud-based solutions has increased from pre-pandemic levels, with 48 percent saying their reliance has “greatly increased.” Similarly, 78 percent said their reliance on cloud-based services has increased (40 percent greatly), and 66 percent reported that their reliance on third-party services providers has increased (27 percent greatly). As a result, 76 percent of respondents said they now view supply chain risk as a top security priority.