India, April 22 -- The backbone of the global economy is now supply chains that are being exposed to a wave of cyber threats. With the speed of digital transformation and increase in interconnected business, the means for cybercriminals to take advantage of vulnerabilities across the entire supply network is multiplying.
Ransomware is still one of the most damaging threats to supply chains. Logistics providers, manufacturers, and key suppliers are now often attacked, systems encryptions are breached and heavy ransoms are demanded to restore operations. In June 2024, CDK Global, a software provider for more than 15,000 North American car dealerships became the victim of a major ransomware attack.
The sensitive Social Security numbers and...
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