How to Protect Your Company Against Supply Chain Attacks?

Since supply chain attacks can be carried out in many different ways, such as through hardware, software, or firmware, the mitigating measures that need to be taken also vary. These measures can range from restricting access to sensitive data, to conducting a third-party software risk assessment. In this article you will find out how to protect your company against supply chain attacks and maintain the security of your sensitive data without any loss.

Methods of Protection Against Supply Chain Attacks

Data should be actively and broadly protected from supply chain attacks originating outside the system, due to the fact that hardware or software tools are known to have security flaws. To truly protect your data, some important steps need to be followed when it comes to security policies.

Identify Assets That Are Likely to Be Targeted

Although all data is important to companies, some of it might be vital. For example, customer data is one of the most important assets for all organizations in terms of data security. Your company can prioritize customer data security in its investments and security practices, and start with controlling privileged users and applications that have access to that kind of data.

Restrain Access to Sensitive Data

As the access to technology gets easier, the risk of sustaining a supply chain attack increases. One of the most important reasons is the technological products and services that organizations acquire and integrate from third-parties. Since they are much more vulnerable to cyberattacks, small-sized enterprises should also pay utmost attention to the ability of third-parties that provide technological products and services, to access critical data.

Conduct Risk Assessments for Third-Party Software

The most common method of supply chain attacks used by cyberbullies is third-party software. This method requires high-level information and resources, and the breach may not be identified by companies for a long period of time. That's why the security level of programs and updates used by the company should always be assessed.

Identify Insider Threats

Just like cyber attackers, your employees may have malicious intent, or their negligence may result in serious security problems. By using methods such as multi-factor authentication (MFA) and dynamic data masking, you can prevent both insider and outsider cybersecurity threats.

In a sense, all these processes for protecting company data from supply chain attacks are leading IT professionals to apply several security approaches in terms of cybersecurity and one of them is called Zero Trust. As one of the most efficient methods in cybersecurity, Zero Trust, as the name suggests, enables companies to act on the idea "Never trust, always verify", and to protect themselves from malicious people and software (or hardware and firmware) at a maximum level.

Privileged Access Management That Offers
Multi-Layered Protection

Offering an integrated security system against cyberattacks that are increasingly growing and changing, Privileged Access Management (PAM) also includes all the aspects required by the zero trust method. Privileged Access Management solutions protect the inner legacy system of your company and identify the software and updates that can lead to supply chain attacks, since they originate from outside the system. This method needs private and multiple verifications for each access demand inside or outside the system, so it meets the most basic requirements of the Zero Trust model.

Privileged Access Management (PAM) includes various features that make it quite difficult for cyber attackers to infiltrate companies’ infrastructure. Among these features are the privileged session manager, which eliminates access management complexity and offers a central solution, the password vault enables a fully encrypted password management infrastructure, multi-factor authentication (MFA) allows for location and time-based verification, dynamic data masking enables enhanced masking capability, and other high-level security measures.

Privileged Access Management not only offers broad protection for your company's IT infrastructure, with its advanced security features, but also reports users’ risky behavior, unauthorized access, and any other insider or outsider threat.

Bringing together all these vital cybersecurity features, under a Zero Trust approach, Single Connect offers flawless protection for your data, from both internal and external cyber threats. As the most qualified Privileged Access Management (PAM) solution, Single Connect helps you to improve access security against supply chain attacks as well as several other types of security threats.