Not all cybersecurity vulnerabilities are created equal. Some vulnerabilities have the potential to bring the entire organization to a halt, such as in the case of ransomware. Meanwhile, other vulnerabilities may only create limited opportunities for exploitation, putting them lower on the list of things to patch.
As cyber attacks and security breaches have increased in recent years, managing digital supply chain risks is becoming more difficult. Cybercriminals exploit vulnerabilities in the ecosystem of less secure suppliers and third-party vendors to gain access to larger institutions. These institutions need to look beyond their own cybersecurity maturity to be successful; cyber risks need to be identified across the ecosystem.