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Rising Global Costs of Software Supply Chain Attacks

Rising Global Costs of Software Supply Chain Attacks

Supply chain attacks are increasingly costly, affecting both vendors and customers. According to estimates, the global costs of software supply chain attacks are projected to reach $60 billion by 2025. This number is expected to soar to an astounding $138 billion by 2031, as reported by Cybersecurity Ventures.

Types of Supply Chain Attacks

Wiz outlines three main types of supply chain attacks:

  • Software Supply Chain Attacks: These attacks infiltrate software vendor systems, allowing adversaries to deliver compromised software to thousands of customers.
  • Hardware Supply Chain Attacks: In this scenario, adversaries introduce counterfeit devices into the global supply chain, posing significant risks.
  • Third-Party Service Attacks: Targeting customers of cloud service providers (CSPs), managed service providers (MSPs), SaaS platforms, and AI vendors, these attacks compromise software updates, API keys, or service integrations.

To ensure comprehensive supply chain security, organizations need visibility across the entire code-to-cloud lifecycle. Wiz provides valuable insights for Chief Information Security Officers (CISOs) and security leaders in a blog post that includes a practical cheat sheet featuring best practices.

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