How to Best Reduce Supply Chain Risk
You can take proactive measures to reduce an agency’s cyber supply chain risks. First, integrate cyber SCRM with the acquisition process. C-SCRM can improve cybersecurity risk management in the supply chain at every step of the procurement and contract management process.
Evaluate your organizational structure. Set up a collective task force to secure your supply chain. Empower this team to hold lower-level suppliers accountable and maintain responsibility for overall supply chain security.
Identify and empower supply chain leadership. Review and monitor key contracts to verify that prime contractors and subcontractors maintain security practices through the contract lifecycle. Threat intelligence and incident response capabilities must work together.
Put data protection and stakeholder communication processes in place. Set requirements for communicating and protecting data, specifically for incidents, breach notifications, and industry or legal reporting requirements.
Build trust by sharing threats with your supply chain partners. Prevent communication delays by being transparent about an attack or a potential breach.
Trust does not happen on its own. Open and transparent leadership and communication create trust, and building that trust includes a commitment to straight talk, the ability to produce results and the ability to restore trust when it is lost.
Finally, provide C-SCRM training and awareness. Everyone within an organization has a role to play in managing cybersecurity risk throughout the supply chain. As such, each person should receive appropriate training to promote and enhance knowledge of C-SCRM throughout the organization.
Click on the banner below to learn more about cybersecurity solutions.