Supply Chain Security: Critical Defense Strategies After SolarWinds and MOVEit Attacks
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The world of the cybernetic era was forever changed when the SolarWinds' Orion platform was compromised by hackers in 2020 and over 18,000 organizations worldwide were compromised. SolarWinds placed the number of possibly impacted companies at up to 18,000 but only around 100 have been confirmed to have been actively targeted. Flash forward to 2023, and we witnessed yet another devastating supply chain attack via Progress Software's MOVEit file transfer software, affecting more than 600 organizations worldwide, making it one of the biggest supply chain attacks to be seen to date. These attacks are not isolated events. By 2025, Gartner estimates that 45 percent of all organizations globally will have been the victim of a software supply chain attack, a three-fold increase from 2021. The warning is clear: security perimeters in the classic sense are no longer effective when threats can be injected through trusted vendor relationships. Understanding the Modern Supply Chain Threa...