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Prepare to unravel the complexities of supply chain risk management (SCRM) and gain invaluable insights that could safeguard your business from massive disruptions. We're diving into the nerve-wracking challenges of SCRM, emphasizing just how crucial it is for every business in our hyper-connected age. Learn about the nuances of this formidable task as we explore real-life scenarios that underline the dire need for security professionals to lend their expertise to those who find themselves in the deep end of SCRM vulnerabilities.

We're laying out the intricate tapestry of SCRM domains, from hardware and software to third-party services, casting light on the risks associated with outsourcing. We'll guide you through the maze of supply chain elements, helping you identify potential risks and understand the threats looming over your daily operations. It's not all gloom and doom though; we'll also equip you with proven strategies like engaging third-party services such as Showdan and Security Scorecard for supply chain reviews, and the critical role legal and compliance teams play in this intricate dance.

As we wrap up, we'll tackle the ominous reality of ransomware attacks on businesses. Using the chilling example of the 2017 NotPetya attack, we journey into the shadowy underworld of cybercrime, where profit margins are hefty, and the risk to the perpetrators is minimal. With the projected cost of ransomware attacks set to hit a staggering $25 billion by 2025, we explore the dire implications of this trend. As somber as these realities might be, our intent is to arm you with the knowledge and resources to fortify your supply chain and protect your business. Join us, and let's navigate these choppy waters together.

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CCT 050: Securing the Chain- Mastering Supply Chain Risk Management (SCRM) for the CISSP 34:40 Share

CISSP Cyber Training Podcast - CISSP Training Program

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CCT 050: Securing the Chain- Mastering Supply Chain Risk Management (SCRM) for the CISSP