Methods to identify supply chain risks
Identifying cybersecurity risks in the supply chain is an essential first step in supply chain risk management. It involves understanding and documenting potential threats that impact a supply chain’s information systems, services, and products. The methods and techniques employed for risk identification can range from structured risk assessments to monitoring and intelligence gathering. Let us understand some of these methods:
- Supply chain mapping: The starting point for identifying cybersecurity risks in the supply chain is to understand the supply chain itself fully. This involves mapping out all entities involved in the supply chain, from suppliers to distributors and customers, and understanding their roles and interdependencies. Detailed supply chain mapping helps recognize potential vulnerability areas, such as dependencies on single sources, suppliers with access to sensitive data, or weak links in security practices. ...
