Businesses fear rise of third-party attacks, as ransomware impact grows
Summary
Worldwide, 84% of enterprises expressed concerns third-party attacks could become a major cyber threat over the next three years, according to a report commissioned by CrowdStrike. At 87%, more in Asia-Pacific than the global average expressed concerns supply chain attacks were becoming a major cyber threat, the study revealed. The report noted that 57% of companies that suffered a ransomware attack acknowledged they did not had a defence strategy in place to coordinate a response. The evolving remote workplace is surely accentuating challenges for businesses as legacy software like Microsoft struggles to keep up in todays accelerated digital world. "This presents a clear clarion call that businesses need to change the way they operate and evaluate more stringently the suppliers they work with," Sentonas said.