Intelligent CIO North America Issue 17 - Page 68

INTELLIGENT BRANDS // Enterprise Security

CloudBees ’ survey reveals C-suite supply chain security concerns

A new global survey of C-level executives released by CloudBees , an enterprise software delivery company , has revealed high confidence levels in software supply chain security but a limited understanding of the essential components that make a software supply chain secure .

The survey also revealed that among nearly all companies , supply chain security is a higher priority than just two years ago .
According to the CloudBees ’ Global C-suite Security Survey , executives overwhelmingly claimed their software supply chains are secure ( 95 %) or very secure ( 55 %) and 93 % said they were prepared to deal with an issue such as ransomware or a cyberattack on their supply chain .
The survey also revealed that many companies are not prepared to respond quickly when an attack or breach happens .
Among executive respondents , 64 % said it would take more than four days to fix the problem if they did experience an issue . For a Fortune 500 company , this could result in the loss of millions in revenue and create significant reputational harm .
As companies rely even more heavily on software to drive mission-critical business needs , trends show an increasing number of attacks pushing this issue to be top of mind in boardrooms . Almost all C-level executives ( 95 %) said they think more about securing the supply chain now than they did just two years ago , and 92 % said a security issue would impact their brand .
The results of the survey of 500 C-suite leaders in the United States , United Kingdom , Germany and France reflect a growing concern over the security of the world ’ s delivery and distribution of software . p
However , when asked additional questions about the security of their supply chains , the responses uncovered vulnerabilities . More than two in five ( 45 %) executives admitted that initiatives to secure their software supply chains were halfway complete or less and 64 % said they were not sure who they would turn to first if their supply chain was attacked .
“ It ’ s critical that software supply chains operate in the most secure and compliant manner possible . These findings show that while leaders are confident on the surface , they are also aware of security and planning gaps that could expose companies to significant business disruption , regulator and customer concerns and negative brand impact ,” said Prakash Sethuraman , Chief Information Security Officer , CloudBees .
“ For a software supply chain to be secure , it must be continuously verified throughout the entire life cycle in real-time – from committing all the way through to production .”
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