Supply chain cyber attacks up 200% in 2017

By James Henderson
Share
Cyber criminals ramped up attacks on supply chains last year, with incidents rising by 200%, according to a new report. The report by Symantec stated t...

Cyber criminals ramped up attacks on supply chains last year, with incidents rising by 200%, according to a new report.

The report by Symantec stated that: “Despite the EternalBlue exploit wreaking havoc in 2017, the reality is that vulnerabilities are becoming increasingly difficult for attackers to identify and exploit.”

However, in response to this, Symantec said it has seen evidence of an increase in attackers injecting malware implants into the supply chain to infiltrate unsuspecting organisations, with a 200% increase in these attacks—one every month of 2017 as compared to four attacks annually in years prior.

The report went on: “Hijacking software updates provides attackers with an entry point for compromising well-protected targets, or to target a specific region or sector. The Petya/NotPetya (Ransom.Petya) outbreak was the most notable example.

SEE ALSO:

“After exploiting Ukrainian accounting software as the point of entry, Petya/ NotPetya used a variety of methods, spreading across corporate networks to deploy the attackers’ malicious payload.”

Kevin Haley, Director of Symantec Security Response commented: “All of a sudden this is a huge issue.

“This is something organisations really need to be concerned about. It's not just some one-offs.”

Share

Featured Articles

Guinness and the Challenge of Balancing Supply and Demand

Guinness’ soaring popularity among younger drinkers and women has led to unprecedented demand, forcing pubs to navigate order limits ahead of Christmas

Tonkean & Beroe's bid to Transform Procurement Orchestration

Tonkean and Beroe's launch of Market Intelligence-Infused Orchestration for procurement processes looks set to revolutionise supply chain decision-making

UPDATED VENUE & DATE – PSC LIVE Chicago 2025

PSC LIVE Chicago announces important changes to its venue and date for the co-located event with Sustainability LIVE and Manufacturing LIVE in 2025

Returns Tuesday: The Ultimate Reverse Logistics Challenge

Logistics

Supply Chains at a Crossroads as Plastic Treaty Talks Stall

Sustainability

Cyber Monday: Sustainability in the Digital Shopping Boom

Sustainability