Two-Thirds of Organizations Hit in Supply-Chain Attacks

New global survey by CrowdStrike shows the average cost of a software supply chain attack is $1.1 million.

Less than 40% of organizations in the US, UK, and Singapore have vetted all of their external suppliers in the past 12 months, according to a new survey, and most organizations worldwide have been victims of a software supply chain attack.
While two-thirds say their organizations suffered a supply chain attack in the past year, 71% say they dont consistently require the same security requirements of their third-party suppliers as they use internally. The survey, conducted by Vanson Bourne on behalf of CrowdStrike, includes responses from 1,300 senior IT decision-makers and security pros in the US, Canada, UK, Mexico, Australia, Germany, Japan, and Singapore.
Some 90% of organizations say software supply chain attacks cost an average of more than $1.1 million. Attackers are increasingly using an indirect route to hit their targets, says Dan Larson, vice president of product marketing at CrowdStrike. They now inject malicious code into legitimate software, he says. Its mostly invisible, which is why these attacks are becoming more common.
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Two-Thirds of Organizations Hit in Supply-Chain Attacks