The supply chain is ground zero for several recent cyber breaches. Hackers, for example, prey on vendors that have remote access to a larger company's global IT systems, software and networks.
In the 2013 Target breach, the attacker infiltrated a vulnerable link: a refrigeration system supplier connected to the retailer's IT system.
A counter-measure, via a user-ready online portal, has been developed by researchers in the Supply Chain Management Center at the University of Maryland's Robert H. Smith School of Business.
The portal is based on a new management science called "cyber supply chain risk management." It combines conventionally-separate disciplines cybersecurity, enterprise risk management and supply chain management.
Funded by the National Institute of Standards and Technology, the UMD researchers developed the formula, in part, after surveying 200 different-sized companies in various industries.
"We found that, collectively, the cyber supply chain is fragmented and stovepiped, and companies are ill-prepared to sense and respond to risks in real time," said research professor and center co-director Sandor Boyson, who collaborated on the study and portal design with faculty-colleague/center co-director Thomas Corsi, research fellow Hart Rossman and UMD-Smith CIO Holly Mann. "Just half of our subjects used an executive advisory committee such as a risk board to govern their IT-system risks."
The findings are published as "Cyber supply chain risk management: Revolutionizing the strategic control of critical IT systems" in the peer-reviewed industrial engineering journal Technovation. http://ter.ps/73f
The researchers leveraged the study into the portal. Companies can log on, cost-free, at http://cyberchain.rhsmith.umd.edu and track developing threats, plus map their IT supply chains and anonymously measure themselves against industry peers and NIST standards.
The benchmarking covers operations and allocating for cyber insurance via separate functions:
The portal is scalable. About 150 various-sized companies have completed at least one or more of the aforementioned functions. Fifteen of those firms completed all three assessments and represent industries including high-tech aerospace manufacturing, telecommunication, real estate, and medical and professional services.
"The portal not only helps individual organizations understand their risk and how they can better manage it. By doing so, this bolsters the resilience and security posture of the entire ecosystem of the U.S. economy," said Jon Boyens, senior advisor for information security in NIST's computer security division. "While this ecosystem has evolved to provide a set of highly refined, cost-effective, reusable products and services that support the U.S. economy, it has also increased opportunities for adversaries and made it increasingly difficult for organizations to understand their risks."
The study is entering a fifth phase focused on federal agency-private contractor supply chains. The UMD-Smith researchers subsequently will update the portal and train managers of participating agencies and contractors to efficiently and effectively use the separate functions.
Greg Muraski | Eurek Alert!
Cloud technology: Dynamic certificates make cloud service providers more secure
15.01.2018 | Technische Universität München
New discovery could improve brain-like memory and computing
10.01.2018 | University of Minnesota
What enables electrons to be transferred swiftly, for example during photosynthesis? An interdisciplinary team of researchers has worked out the details of how...
For the first time, scientists have precisely measured the effective electrical charge of a single molecule in solution. This fundamental insight of an SNSF Professor could also pave the way for future medical diagnostics.
Electrical charge is one of the key properties that allows molecules to interact. Life itself depends on this phenomenon: many biological processes involve...
At the JEC World Composite Show in Paris in March 2018, the Fraunhofer Institute for Laser Technology ILT will be focusing on the latest trends and innovations in laser machining of composites. Among other things, researchers at the booth shared with the Aachen Center for Integrative Lightweight Production (AZL) will demonstrate how lasers can be used for joining, structuring, cutting and drilling composite materials.
No other industry has attracted as much public attention to composite materials as the automotive industry, which along with the aerospace industry is a driver...
Scientists at Tokyo Institute of Technology (Tokyo Tech) and Tohoku University have developed high-quality GFO epitaxial films and systematically investigated their ferroelectric and ferromagnetic properties. They also demonstrated the room-temperature magnetocapacitance effects of these GFO thin films.
Multiferroic materials show magnetically driven ferroelectricity. They are attracting increasing attention because of their fascinating properties such as...
The oceans are the largest global heat reservoir. As a result of man-made global warming, the temperature in the global climate system increases; around 90% of...
08.01.2018 | Event News
11.12.2017 | Event News
08.12.2017 | Event News
18.01.2018 | Life Sciences
18.01.2018 | Life Sciences
18.01.2018 | Earth Sciences