Security News > 2020 > October > Vulnerable supply chains introduce increasingly interconnected attack surfaces

Vulnerable supply chains introduce increasingly interconnected attack surfaces
2020-10-02 17:34

Financial institutions have interdependent supply chains that offer a "Broad, target-rich attack surface that adversaries can undermine," a new report from Accenture warns.

Supply chains, which introduce increasingly interconnected attack surfaces.

"However, supply chain threats to financial institutions in the past year have primarily involved technology service providers, including managed service providers and cloud service providers."

Core financial TSPs and IT service providers have been affected by ransomware incidents, which has disrupted services for some of their financial institution clients, the report said.

"The opportunities for 5G in financial services abound. 5G will become a general-purpose technology for financial services organizations, providing new opportunities to create, store, and protect value, to move money, and to access credit."


News URL

https://www.techrepublic.com/article/vulnerable-supply-chains-introduce-increasingly-interconnected-attack-surfaces/#ftag=RSS56d97e7