A number of the recent data breaches involving United States retailers have involved the same infiltration tactics by hackers: the exploitation of third-party contractors. And as multinational companies develop longer supply chains in an effort to better leverage the global economy and improve margins, these chains are offering more opportunities for cyber-attacks. With cyber-defence budgets often prioritising company headquarters, organisations are inadvertently driving attacks towards the most vulnerable parts of their chain.
A panel of specialists will look at supply-chain due diligence and provide compliance officers with suggestions on remediation steps and prevention controls.
In particular, they will cover the following best practice tips:
•Know your third parties
•Know their business
•Know their risk
•Know their access
•Know your anti-bribery and anti-corruption obligations
•Learn from the latest data breaches