Supply Chain Attacks

Question 1

What is a Supply Chain Attack?

Answer 1

An attack that targets vulnerabilities in suppliers or service providers to access more secure systems

Question 2

What is the CHIPS Act of 2022?

Answer 2

A U.S. federal statute providing funding to boost semiconductor research and manufacturing in the U.S., in order to reduce reliance on foreign-made semiconductors

Question 3

What is a Semiconductor?

Answer 3

An essential component in a wide range of products, from smartphones and cars to medical devices and defense systems

Question 4

What are ways to safegurad against supply chain attacks?

Answer 4

■ Vendor Due Diligence
■ Regular Monitoring & Audits
■ Education and Collaboration
■ Incorporating Contractual Safeguards

Question 5

What is Vendor Due Diligence?

Answer 5

Rigorous evaluation of vendor cybersecurity and supply chain practices

Question 6

What is Regular Monitoring & Audits?

Answer 6

Continuous monitoring and periodic audits of supply chains to detect suspicious activities

Question 7

What is Education and Collaboration?

Answer 7

● Sharing threat information and best practices within the industry
● Collaborating with organizations and industry groups for joint defense

Question 8

What is Incorporating Contractual Safeguards?

Answer 8

Embedding cybersecurity clauses in contracts with suppliers or service providers, along with legal repercussions for non-compliance