Top Cybersecurity Attacks in IoT-Based Supply Chains

As organizations adopt the Internet to strengthen their operations, cyberattacks are on the rise, exposing the weak links within the supply chain. Cybercrime has increased by 300% since the start of the pandemic, with a cyberattack occurring every 11 seconds globally in 2022 in comparison to every 40 seconds in 2020. A prime example is Ripple20, a set of vulnerabilities discovered in 2020 in a software library that affected hundreds of millions of devices in enterprise companies. With IoT becoming a prominent target for hackers, industries such as healthcare, telecom, (and more) with sensitive data are at risk.