{"id":25012,"date":"2021-05-23T17:05:00","date_gmt":"2021-05-23T14:05:00","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=25012"},"modified":"2026-03-27T22:27:38","modified_gmt":"2026-03-27T19:27:38","slug":"kaspersky-alerts-lack-of-global-response-to-value-chain-risks-represents-ticking-cyber-bomb","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/kaspersky-alerts-lack-of-global-response-to-value-chain-risks-represents-ticking-cyber-bomb\/","title":{"rendered":"Kaspersky alerts: lack of global response to value-chain risks represents \u2018ticking cyber-bomb\u2019"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Supply chain attacks have <\/strong><a href=\"https:\/\/securelist.com\/?s=supply%2520chain\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>proved<\/strong><\/a><strong> very successful in recent years. Amid increased digitization, including at government and public services, organizations are more vulnerable to these types of threats than ever before. However, there is still no global policy response to fix value-chain risks, which represents a hazardous cyber-vulnerability. To address this issue and find possible routes to a solution, Kaspersky has held a special panel discussion within the RSA Conference 2021.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The panel, titled: \u2018The ticking \u2018cyber-bomb\u2019 and why there\u2019s no global policy response to fix value-chain risks?\u2019, gathered the following experts:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Craig Jones, Director of Cybercrime, INTERPOL&nbsp;<\/li><li>Jon Fanzun, Special Envoy for Cyber Foreign and Security Policy at the Swiss Federal Department of Foreign Affairs (FDFA)&nbsp;<\/li><li>Serge Droz, Chair of FIRST \u2013 the Forum for Incident Response and Security Teams (FIRST)<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Digital transformations make every organization a software company, which relies on a multitude of external vendors, adding to difficult-to-manage third-party threats. Their services contain codes that may have vulnerabilities, which put their interconnected users \u2013 industries, societies, countries \u2013 at risk. Nevertheless, due to various disagreements between states, the global community has not yet developed a global policy response to value-chain risks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the same time, Kaspersky researchers have been tracking several threat groups that focus on highly targeted supply-chain attacks \u2013 their findings indicate that threat actors target and exploit vulnerabilities in the updates and build systems for software, so users, who are asked to install patches, might reveal backdoors into their IT systems. One recent high-profile example includes <a href=\"https:\/\/securelist.com\/sunburst-backdoor-kazuar\/99981\/\">Sunburst<\/a>, which was used to compromise numerous public and private organizations around the world.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the panel discussion, its participants highlighted that increasing information sharing and improving trust between actors is vital for building a constructive dialogue to create a global policy response to value-chain risks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cWhen the attack happens, people don\u2019t dial 911 or call the police, we\u2019re normally a second or third call after their IT security, but we should be among the first to investigate it \u2013 together with CERTs, private partners and across borders,\u201d<\/em> said Craig Jones, Director of Cybercrime at INTERPOL. To reinforce the need for a clear, collaborative and effective response process, Director Jones continued, <em>\u201cit\u2019s in everyone&#8217;s interest to thoroughly investigate incidents, as well as get and share as much information as possible to ensure IT security of the critical infrastructure.\u201d<\/em>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cCybercriminals love \u2018divide and conquer\u2019 \u2013 if we\u2019re divided, criminals flourish. That\u2019s why this is our biggest challenge \u2013 much bigger than a technical challenge is to decide on how we all work better together,\u201d<\/em> pointed Serge Droz, Chair of Forum for Incident Response and Security Teams (FIRST).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cFirst of all, as the global community, we need consensus \u2013 on how exactly international law applies in cyberspace, how human rights should be protected online, how norms of responsible state behavior should be implemented, and what the role of other stakeholders is. Second, we also need to implement what we agreed on and to hold those who violate agreements accountable for their actions,\u201d<\/em> noted Jon A. Fanzun, Special Envoy for Cyber Foreign and Security Policy, Swiss Federal Department of Foreign Affairs (FDFA).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this regard, the <a href=\"https:\/\/genevadialogue.ch\/\" target=\"_blank\" rel=\"noreferrer noopener\">Geneva Dialogue on Responsible Behavior in Cyberspace<\/a>, led by the Swiss Federal Department of Foreign Affairs (FDFA), and implemented by DiploFoundation, is an example of building greater trust and closer community, particularly within the industry, to shape a joint vision regarding the digital security and global policy processes for a trusted, secure, and stable cyberspace.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Planning ahead<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kaspersky believes that a safer world for everyone can only be built on mutual trust and collaboration. The company sees a need for a global incident response mechanism to address large-scale and significant cyber-incidents affecting UN Member states and their critical infrastructure.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201c<em>This mechanism can be based on providing recommended technical and operational national points of contact in the event of an attack. These would serve as a \u2018final station\u2019 in reaching out to a national CERT, law enforcement agency,<\/em> or cybersecurity professionals, where needed, to exchange technical information. Incident responders must remain<em> neutral. Such a mechanism would not only ensure the means for a timely and coordinated global response and incident mitigation but would also help to enhance technical and operational capacities of the global community, thus contributing to greater cyber-stability,\u201d <\/em>says Anastasiya Kazakova, Senior Public Affairs Manager at Kaspersky.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supply chain attacks have proved very successful in recent years. Amid increased digitization, including at government and public services, organizations are more vulnerable to these types of threats than ever before. However, there is still no global policy response to fix value-chain risks, which represents a hazardous cyber-vulnerability. To address this issue and find possible [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":25013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"1","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":439,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[439],"tags":[],"class_list":["post-25012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>value-chain risks - Kaspersky warns of ticking | Saudi Shopper<\/title>\n<meta name=\"description\" content=\"value-chain risks are growing as supply chain attacks succeed. 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