Security News > 2023 > December > Third-Party Supply Chain Risk a Challenge for Cyber Security Professionals in Australia

Third-party supply chain risk is a key concern from Australian cyber security professionals.

ASIC reveals third-party supply chain risk as key gap in Australia.

The Australian Securities and Investments Commission exposed "Gaps in cyber security risk management of critical cyber capabilities" in its business cyber pulse survey in November 2023.

Larger players in industries like banking or retail are managing their supply chain risk well, Hansen said, by making sure their supply chain is resilient to cyber risks.

Data is the biggest source of risk when managing third-party and supply chain risks.

There is "No silver bullet" to managing cyber risk, according to Tesserent, and that includes third-party supply chain risk.

News URL

https://www.techrepublic.com/article/tesserent-third-party-supply-chain-risk-australia/