Managing Cyber Risk Across the Extended Vendor Ecosystem
Third-party cyber risk is one of the fastest growing security sectors.
This past May, BlueVoyant commissioned its second annual survey undertaken by independent research organization, Opinion Matters. Twelve-hundred CIOs, CISOs, and CPOs (Chief Procurement Officers) responsible for supply chain and cyber risk management were surveyed from companies with 1,000 or more employees across a range of industries.
To gain a global perspective, the research was conducted in the following countries: U.S., Canada, Germany, The Netherlands, the United Kingdom, and Singapore.
- 93% of companies have suffered a cybersecurity breach because of weaknesses in their supply chain/third-party vendors
- 97% of companies have been negatively impacted by a cybersecurity breach that occurred in their supply chain
- The average number of breaches experienced in the last 12 months grew moderately since last year (from 2.7 to 3.7), a 37% year-over-year increase
Download the full report to understand the full scope of third-party supply chain cyber risk.