September 26, 2024 at 07:55AM
Cybercriminals are exploiting vulnerabilities in widely-used IT and security tools, leading to major security incidents. Recent examples include attacks on Ivanti enterprise VPNs, TeamCity, and Fortra GoAnywhere MFT. These incidents underscore the importance of safeguarding against supply chain cyberattacks. Strategies to mitigate these risks include advanced supplier risk management, securing the software development pipeline, regular software and system updates, hardening environments, implementing strong access controls, utilizing security tools and technologies, adopting frameworks and best practices, and incorporating contractual and legal safeguards into vendor contracts. Implementing these strategies can significantly reduce exposure to supply chain cyberattacks and enhance overall cybersecurity resilience.
Based on the meeting notes, here are the key takeaways:
– Cybercriminals have increasingly targeted vulnerabilities in widely-used IT and security tools, leading to major security incidents, such as the exploitation of zero-day vulnerabilities in Ivanti enterprise VPNs, TeamCity, and Fortra GoAnywhere MFT by various attacker groups, including state-sponsored and ransomware operators.
– Supply chain attacks exploiting backdoors are not new, as cyber adversaries have long focused on exploiting third-party control failures, as seen in previous attacks on software like SolarWinds Orion and VMware Workspace ONE.
– Organizations must take proactive measures to safeguard against third-party control failures, including implementing advanced supplier risk management, securing the software development pipeline, ensuring regular software and system updates, hardening the environment, implementing strong access controls, utilizing security tools and technologies, adopting frameworks and best practices, and incorporating contractual and legal safeguards into vendor contracts.
– By implementing these strategies, organizations can significantly reduce their exposure to supply chain cyberattacks and bolster their overall cybersecurity resilience.