The digital footprints of many organizations are expanding, and with that expansion comes more avenues of attack for cybercriminals to exploit. The past few years have seen organizations having to manage more devices, more social media channels, and more customer service features — in addition to the increased interconnection and sharing of data with partners, vendors, and various as-a-service tools.
That expanding level of presence is increasing the cyber risk facing organizations, said SurfWatch Labs chief security strategist Adam Meyer. Data breaches and service interruptions now often originate outside of an organization’s walls; nevertheless, it’s the connected organizations that tend to pay the biggest price.
“At the end of the day, if a third-party is supporting a major customer-centric business process, and they have a breach and your customers need to be notified — nine times out of ten it’s not that provider’s brand that’s going to get hammered,” Meyer said on the latest Cyber Chat Podcast. “It’s going to be your brand that has to deliver the bad news.”
That’s why organizations need to ensure that proper due diligence is in place around their whole digital risk footprint, Meyer said. In today’s environment that means having intelligence around events that may occur one or several steps down the digital supply chain — as well having a plan of action in place to respond to those threats as they arise.
On the Cyber Chat Podcast, Meyer discusses a variety of topics related to digital risk management, including:
- How the digital footprints of organizations have changed over the past couple years.
- Why IoT devices often bypass proper security management and what actions organizations should take in regards to those devices.
- The problem of growing supply chains and how one breach can quickly spread to impact dozens of connected organizations.
- How organizations should respond to the shifting landscape so that they can better manage their cyber risk.
Listen to the full Cyber Chat podcast below: