That’s an excerpt from the fact sheet accompanying the May 2021 Executive Order on Improving the Nation’s Cybersecurity (EO). It refers to one of seven ambitious measures in the EO: shoring up security of that notorious playground for hackers, the software supply chain. Knowing that organizations lack visibility into the components that comprise their connected assets, bad actors can have a field day exploiting vulnerabilities to penetrate networks and take control.
In recent times it has become clear to organizations that the handling of data is a very important matter, as the exposure or misuse of data are both a serious threat to an organization's financial standing and reputation, and must be accounted for in each organization's risk posture. In terms of high-profile data breaches, this year has been no different than previous years, seeing its fair share of ransomware attacks and data exposure.
Using espionage methods for commercial or financial gain is known as corporate espionage, sometimes called industrial espionage, economic espionage or corporate spying. When we think of “espionage,” we usually imagine spies from one country attempting to obtain information about another. However, many of the same techniques — and even many of the same spies — are used in both realms.
Today in a technology-driven business world, network security is an utmost priority for all businesses, especially for those dealing with sensitive data. More so, in an organization that works in a hybrid environment wherein information and critical data are accessed remotely, the need for securing such data and network is important. This has led to a paradigm shift in the approach of establishing a robust security program and security implementations within the organization.