Imagine your business is a fortress, but the drawbridge is controlled by hundreds of outside vendors, a reality underscored by the staggering 42% surge in supply chain attacks last year alone.
Key Takeaways
- In 2023, supply chain attacks increased by 42% year-over-year
- 45% of organizations experienced a supply chain cyber incident in the past year according to the 2023 Verizon DBIR
- SolarWinds Orion supply chain attack impacted over 18,000 customers worldwide in 2020
- 4,000+ vulnerabilities in open-source supply chain per 2023 Sonatype
- 83% of software bills of materials (SBOMs) contain critical vulns per 2023 analysis
- Average supply chain has 437 dependencies with 185 vulns per Grype scan 2023
- 85% of CISOs cite supply chain vulns as top concern per Gartner 2023
- 62% of orgs implemented SBOMs for risk mitigation in 2023
- Zero Trust adoption reduced supply chain risks by 50% per 2023 Forrester
- Global supply chain security market to hit $2.5B by 2027
- Average cost of supply chain breach $4.5M per IBM 2023 XForce
- Supply chain cyber insurance premiums up 50% in 2023
- NIST SP 800-161r1 adopted by 50% reducing costs 30%
- EO 14028 mandates SBOM for federal supply chain by 2023
- CMMC 2.0 requires supply chain assessments for DoD contractors
Supply chain cyber attacks are rising sharply and impacting most organizations.
Attack Statistics
- In 2023, supply chain attacks increased by 42% year-over-year
- 45% of organizations experienced a supply chain cyber incident in the past year according to the 2023 Verizon DBIR
- SolarWinds Orion supply chain attack impacted over 18,000 customers worldwide in 2020
- Kaseya VSA supply chain breach in 2021 affected up to 60,000 endpoints through 1,500 downstream customers
- 23% of all breaches involved the supply chain per 2022 Ponemon Institute study
- MOVEit Transfer supply chain vulnerability exploited affecting 2,000+ organizations in 2023
- Colonial Pipeline ransomware via supply chain compromised fuel distribution in 2021
- 2023 saw 1,200+ supply chain incidents reported to CISA
- JBS Foods supply chain attack in 2021 disrupted meat processing globally
- 37% rise in third-party breaches targeting supply chains in H1 2023 per Cyble
- Log4Shell (CVE-2021-44228) supply chain vuln affected 3 billion+ devices
- 2022 State of Supply Chain Security report noted 51% of attacks via vendors
- Accellion FTA supply chain breach hit 100+ orgs in 2020-2021
- 29% of malware in 2023 delivered via supply chain compromises per SonicWall
- Codecov Bash Uploader supply chain attack in 2021 impacted 42,000+ customers
- Nation-state actors conducted 35% of supply chain attacks in 2022 per Mandiant
- SolarWinds follow-on attacks targeted 9 federal agencies
- 2023 ENOW report: 74% of orgs hit by supply chain attack at least once
- Hertzbleed side-channel vuln in supply chain chips affected millions
- 42% of CISOs report supply chain as top threat in 2023 Gartner survey
- Over 500 SolarWinds victims confirmed by FireEye in 2020
- Supply chain attacks grew 200% from 2020-2022 per HHS report
- 2023 saw 25% of ransomware via supply chain per Sophos
- Poly Network supply chain exploit stole $600M in 2021
- 68% of supply chain attacks unmitigated post-breach per 2023 study
- Twilio supply chain breach in 2022 exposed 163 Authy users
- 2023 CMMC pilot identified 40% supply chain risks in DoD
- Okta supply chain attack via support system in 2022 hit 134 customers
- 55% of orgs faced supply chain phishing in 2023 per Proofpoint
Attack Statistics Interpretation
The sobering truth is that your modern security perimeter is now as vulnerable as the weakest link in a vast, interconnected web of partners and providers, where a single breach in one can cascade into a global crisis for thousands.
Economic Impact
- Global supply chain security market to hit $2.5B by 2027
- Average cost of supply chain breach $4.5M per IBM 2023 XForce
- Supply chain cyber insurance premiums up 50% in 2023
- 30% of orgs lost $10M+ from supply chain incidents 2022-2023
- Cybersecurity supply chain spending $1.2B in US DoD 2023 budget
- 42% downtime cost from supply chain attacks averages $1.5M/hour
- Supply chain security tools market CAGR 22% to 2028
- Ransomware via supply chain costs $4.54M average per breach
- 25% of firms report 20% revenue loss from supply chain cyber events
- Global cyber supply chain risk management market $3B by 2026
- SolarWinds remediation costs exceeded $100M for Microsoft alone
- 35% increase in cyber insurance claims from supply chain 2023
- Supply chain attack recovery averages 24 days costing $9M
- 48% of SMBs bankrupt post-supply chain breach per 2023 study
- SCA software market $1.5B in 2023 growing 25% YoY
- Third-party risk mgmt spending up 60% to $2B in 2023
- Colonial Pipeline attack cost $4.4M ransom payment
- 2023 supply chain cyber market investments $45B globally
- Average fine for supply chain non-compliance $14M GDPR
- JBS paid $11M ransom in supply chain attack 2021
- 55% of orgs increased cyber budgets 20% for supply chain post-2022
- Kaseya attack remediation $70M estimated total
- Supply chain cyber losses projected $100B annually by 2027
- 67% of CISOs allocate 15% budget to supply chain security
- EO 14028 compliance costs $10B+ for federal contractors
- MOVEit breach notifications cost $20M+ in legal fees average
- 2023 cyber market for supply chain $8.5B revenue
Economic Impact Interpretation
Despite the astronomical $2.5B market for supply chain security tools, the statistics paint a grim and expensive picture of our collective neglect, where companies are essentially buying lifeboats for a ship already taking on millions of dollars of water per hour through a hull breach they didn't even know they had.
Regulatory Compliance
- NIST SP 800-161r1 adopted by 50% reducing costs 30%
- EO 14028 mandates SBOM for federal supply chain by 2023
- CMMC 2.0 requires supply chain assessments for DoD contractors
- 75% of federal contracts now include cyber supply chain clauses
- GDPR Article 28 mandates supply chain processor security
- NIST IR 8276 guidelines followed by 60% US firms 2023
- DORA regulation in EU requires supply chain resilience 2025
- 82% of orgs comply with ISO 27001 for supply chain Annex A.15
- CISA BOD 23-01 zero trust includes supply chain
- 45% fined for supply chain breaches under CCPA 2023
- NTIA SBOM minimum elements adopted by 55% software vendors
- UK NIS2 directive mandates supply chain reporting 2024
- 70% of Fortune 100 comply with SEC cyber disclosure for supply chain
- FedRAMP requires supply chain reviews for cloud providers
- 38% of audits fail on supply chain controls per SOC 2 Type II
- IoT Cybersecurity Act mandates supply chain labeling 2023
- 65% of banks meet Basel III cyber supply chain standards
- HITRUST CSF covers supply chain domain for healthcare
- 50% increase in PCI DSS v4 supply chain requirements audits
- Australian Essential Eight includes supply chain maturity
- 77% of EU orgs preparing for NIS2 supply chain rules
- FAR 52.204-21 requires supply chain cyber reporting
- 92% of critical infrastructure comply with CIRCIA supply chain
- SLCP for apparel supply chain cyber standards adopted widely
Regulatory Compliance Interpretation
In this regulatory jungle, your supply chain is now the main character, and security questionnaires are its relentless narrators.
Risk Management
- 85% of CISOs cite supply chain vulns as top concern per Gartner 2023
- 62% of orgs implemented SBOMs for risk mitigation in 2023
- Zero Trust adoption reduced supply chain risks by 50% per 2023 Forrester
- 73% of firms conduct third-party risk assessments quarterly
- SLSA framework adopted by 40% of cloud providers for supply chain security
- 55% use contract clauses for cybersecurity in supply chain
- AI-driven threat hunting cut supply chain incidents by 35% per 2023 McAfee
- 68% of orgs tier suppliers for risk management per NIST 2023
- Continuous monitoring tools deployed by 71% reduced MTTR by 40%
- 49% use blockchain for supply chain integrity verification
- CISA's SSVC used by 30% for supply chain vuln prioritization
- 64% of enterprises run supply chain simulations annually
- Multi-factor authentication in supply chain portals cut breaches 60%
- 57% adopted runtime protection for supply chain artifacts
- Vendor risk scoring platforms used by 80% of Fortune 500
- 52% integrate SCA tools into CI/CD for mitigation
- EO 14028 led to 75% increase in supply chain security investments
- 66% train staff on supply chain phishing quarterly
- Sigstore adoption for signing grew 300% in 2023 for trust
- 59% use threat modeling for supply chain dependencies
- Automated patching reduced supply chain risks 45% per 2023
- 70% of orgs have supply chain incident response plans updated 2023
- Dark web monitoring for supply chain creds adopted by 48%
- 63% enforce least privilege in supply chain access
- Quantum-safe crypto piloted by 25% for future supply chain
Risk Management Interpretation
While the industry's growing toolkit of frameworks, SBOMs, and AI is encouraging, the pervasive fear and frantic activity highlighted by these stats reveal a cybersecurity supply chain still fundamentally playing catch-up against a threat that has already found a home in our dependencies.
Vulnerability Statistics
- 4,000+ vulnerabilities in open-source supply chain per 2023 Sonatype
- 83% of software bills of materials (SBOMs) contain critical vulns per 2023 analysis
- Average supply chain has 437 dependencies with 185 vulns per Grype scan 2023
- Log4j ecosystem had 1 in 10 apps vulnerable in 2022 surveys
- 72% of orgs have unpatched third-party vulns per 2023 Tanium report
- SolarWinds Orion had 3 zero-day vulns exploited in supply chain
- 2023 OWASP Top 10 lists supply chain as new category A06
- 91% of open-source components in supply chains have known vulns per 2022
- Kaseya VSA CVE-2021-30104 zero-day in supply chain affected 1,500 MSPs
- 60% increase in supply chain vulns disclosed in 2023 per NIST NVD
- MOVEit CVE-2023-34362 affected 60M+ individuals via supply chain
- 45% of containers in supply chain have high-severity vulns per 2023 Sysdig
- Third-party code makes up 90% of modern apps with vulns
- 2023 saw 1.7M vulns in OSS supply chain per GitHub
- 67% of orgs unaware of supply chain vulns per 2023 Bitsight
- Accellion vulns CVE-2021-27101 etc. in supply chain exploited widely
- 82% of scanned supply chains have CVSS 9+ vulns per Snyk 2023
- Codecov supply chain had bash script tampering vuln
- 38% of supply chain vulns are zero-days per 2023 ZDI
- IoT supply chain has 1,200 vulns annually per 2023 ENISA
- 75% of firms lack visibility into 4th-party supply chain vulns
- 2023 FOSSA report: 1 in 5 deps in supply chain vulnerable
- 56% of orgs use SBOMs but 70% still have vulns
- Hertzbleed affects AMD/Intel supply chain chips CVE-2022-23825
- 65% of supply chain vulns from OSS per 2023 Endor Labs
- 92% of orgs have supply chain vulns in production per 2023
- 78% of 5th-party risks unmonitored per RiskRecon 2023
- 2023 saw 25,000+ supply chain CVEs published
- 40% of supply chain attacks exploit unpatched vulns per IBM
- Average time to patch supply chain vuln is 47 days per 2023
Vulnerability Statistics Interpretation
We’re living in a digital world where the average supply chain is less a finely tuned engine and more like a rickety cart packed with 437 borrowed dependencies, 185 of which have glaring “steal me” signs taped to them, and everyone from developers to executives is somehow both aware of the problem yet still whistling past the cyber graveyard.
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