The problem of Supply Chain Risk to the cybersecurity industry

This is a paper that focuses on the problem of Supply Chain Risk to the cybersecurity industry. The paper also provides various links to the various topics in the assignment.

The problem of Supply Chain Risk to the cybersecurity industry

For this project, you will research and report upon the problem of Supply Chain Risk as it pertains to the cybersecurity industry. To begin, you will need to explore through the readings the concepts of global supply chains and also global cooperation for cross-border trade in goods and services. Then, you will need to investigate due diligence and other business processes / strategies which can be used to mitigate the impacts of supply chain risk for companies who produce and sell cybersecurity related products and services.

Write

1.       Firstly, an introduction which addresses the reasons why cooperation on a global basis is required to address cybersecurity related risks in global supply chains for products and services. Your introduction should also include a brief overview of the problem of supply chain risk as it pertains to the cybersecurity industry.

2.       Secondly, a supply chain risks section in which you identify and describe 5 or more specific sources of supply chain risk which impact cybersecurity related products and services.

3.       Thirdly, a due diligence section in which you address the use of diligence processes (investigating suppliers before entering into contracts) as a supply chain risk management strategy. Include 5 or more cybersecurity related questions which should be asked of suppliers during the due diligence process. This section should include discussion of political, economic, and social factors which impact management of supply chain risk.

4.       Fourthly, a best practices section in which you address 5 or more best practices for managing global supply chain risks in the cybersecurity industry. You must also provide an evaluation of the expected benefits from implementing each of these practices.

5.       Lastly, a summary and conclusions section in which you present an overall picture of the supply chain risk problem in the cybersecurity industry and best practices for managing supply chain risks.

The problem of Supply Chain Risk to the cybersecurity industry

Research

1.        Firstly, global Supply Chain Risks affecting the Cybersecurity Industry. Here are some suggested resources to get you started:
a.       https://www.supplychaindigital.com/technology/supply-chain-remains-weakest-link-cybersecurity
b.       https://www.lexisnexis.com/en-us/products/entity-insight/political-risk-and-its-impact-on-supply-chain.page
c.       https://www.cshub.com/attacks/articles/cyber-attacks-top-list-of-risks-impacting-supply-chain
d.       https://www.lmi.org/blog/securing-supply-chain-cybersecurity-and-digital-supply-chain
e.       Information and Communications Technology Supply Chain Risk Management (ICT SCRM) https://csrc.nist.gov/CSRC/media/Projects/Supply-Chain-Risk-Managements/documents/nist_ict-scrm_fact-sheet.pdf

2.       Secondly, read the following articles / documents which focus on international cooperation and capacity building for cybersecurity:
a.       https://www.cfr.org/report/increasing-international-cooperation-cybersecurity-and-adapting-cyber-norms
b.       https://www.weforum.org/agenda/2015/09/what-cybersecurity-means-for-global-trade/
c.       https://eeas.europa.eu/sites/eeas/files/joint_communication_increasing_resilience_and_bolstering_capabilities_to_address_hybrid_threats.pdf

3.       Thirdly, investigate due diligence as it applies to the purchase of components or services from vendors. Answer the question: how can due diligence processes help a company manage supply chain risks? Also, here are some suggested resources:
a.       https://www.microsoft.com/en-us/trustcenter/Compliance/Due-Diligence-Checklist# (download to your computer then open document to read/review the checklist)
b.        https://www.lexisnexis.com/en-us/products/lexis-diligence/ctr/9-steps-to-effective-third-party-due-diligence.page

4.       Fourthly, research best practices and recommended strategies and approaches for managing global supply chain risk
a.       Firstly, best Practices in Cyber Security Supply Chain Risk Management https://csrc.nist.gov/CSRC/media/Projects/Supply-Chain-Risk-Management/documents/case_studies/USRP_NIST_Exelon_102215_05.pdf
b.        Secondly, supply Chain Cybersecurity: Experts on How to Mitigate Third Party Risk https://digitalguardian.com/blog/supply-chain-cybersecurity
c.       5 Cybersecurity Best Practices for your Supply Chain Ecosystem https://supply-chain.cioreview.com/cxoinsight/5-cybersecurity-best-practices-for-your-supply-chain-ecosystem-nid-14195-cid-78.html

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