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Supply chain attacks up over 400 percent since 2021

Thursday November 21, 2024. 03:18 PM , from BetaNews
A new report from cyber insurance provider Cowbell shows that supply chain attacks have increased by an astounding 431 percent since 2021. It also shows that large enterprises (those with greater than $50 million revenue) are 2.5 times more likely to encounter cyber incidents. Manufacturing is the most vulnerable sector, driven by its reliance on automation and exposure to intellectual property threats. Cowbell founder and CEO Jack Kudale says, 'The digital age has opened up some incredible avenues for business growth. But in the same breath, it's also brought a complex set of cyber risks. Across the board, we're seeing… [Continue Reading]
https://betanews.com/2024/11/21/supply-chain-attacks-up-over-400-percent-since-2021/

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