A report from LevelBlue reveals that 23% of organizations are confident in their software supply chain visibility, while 49% do not fully understand or identify risks. Poor visibility correlates with higher security breaches, as 80% of those lacking visibility faced issues in the past year, versus 6% for those with high visibility. Critical components like custom code and API integrations are seen as risky by 80% of organizations with low visibility. There is an urgent need for improvement in supply chain security, particularly in light of increasing cyber threats.
Organizations often lack visibility into their software supply chains, with 40% of CEOs identifying it as a significant security risk. A mere 23% have high visibility.
Those with low visibility are disproportionately affected by security breaches; 80% experienced a breach in the last year compared to only 6% with high visibility.
A pressing need exists for organizations to enhance software supply chain security, especially amid rising AI threats and nation-state cybercriminal activities.
Despite rising concerns, only 25% of organizations plan to engage software suppliers about security credentials in the next year, indicating a gap in proactive measures.
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