Our focus on compliance, cybersecurity and supply chain protection is our guideline to how we do business. Being present at industry events, talking to people is equally important for us. This is also why we, some days ago attended Elektronikmessen E-24 in Denmark, to meet, talk, share our knowledge, expertise and listen to what the industry is facing of successes and challenges. We believe in partnerships, where transparency and trust are vital assets, in a supply chain becoming more fragile due to the uncertainties in the Global market.
However, staying updated with the latest security trends and technologies requires more than just internal measures; networking within the industry plays an equally vital role. Engaging in small talk with industry associates at events fosters professional relationships, facilitates the exchange of valuable insights, and keeps you informed about emerging threats and solutions.
Automation, digitalization and AI – all factors improving the efficiency of supply chains and production; yet also such threats if no precautions are taken. We need to talk more about supply chain protection, data protection and what we share with whom.
The program at E-24 is reflecting the industrial focus with speeches on:
- Navigating EU Cybersecurity Regulations: Compliance Strategies and Implementations of SA/IEC 62443 Standards.
- Cybersecurity in embedded products
- Supply Chain Control, Chips Act impacting how?
- Are you ready for the Digital Passport for EU?
In today’s complex global market, supply chain security is a top priority for organizations.
Then how to achieve it? What precautions should I take?
With growing risks of data breaches and increasing regulatory requirements, it’s crucial to know who has access to your data and how to prevent potential vulnerabilities from arising. Whether you’re handling sensitive data, managing logistics, or providing PCBs as we do, ensuring a compliant and secure supply chain can be challenging but necessary.
Here are some key strategies and essential questions to guide you through implementing robust security routines.
Cloud Systems and Data Handling
With many businesses relying on cloud-based solutions, one of the first questions to ask is: Do you use cloud systems for data handling? Cloud platforms offer great flexibility and scalability but also introduce potential risks if not properly secured. Ensure you are using encrypted services and that the cloud provider complies with industry regulations.
Secure File Transfers
Another important consideration is how data is shared within your organization and with partners. Do you allow file transfer through e-mail? Email is a common, yet risky, method for data transfer due to potential phishing attacks and lack of encryption. Implement secure file transfer protocols (SFTP) or encrypted email solutions to mitigate the risk, if you are dealing with defense data, this is mandatory.
Access Control and Identity Management
Access control is critical for preventing unauthorized personnel from reaching sensitive information. Do you have access control systems in place? Establish role-based and location-based access control policies that limit or prohibit access, ensuring that only authorized individuals can handle sensitive data. Regularly review and update permissions to stay compliant.
Foreign Instrumentality
When working with international partners or suppliers, it’s crucial to understand their legal status and compliance. Are you or your partners considered a foreign instrumentality? This designation can affect how you handle data, especially regarding government regulations and data sovereignty laws. Perform due diligence to avoid any legal or regulatory missteps.
Travel and Timekeeping Policies
Security extends beyond digital environments. Do you have a travel and timekeeping policy? Employees traveling with sensitive data need guidelines on securely handling devices and accessing corporate systems from remote locations. Additionally, monitoring timekeeping ensures compliance with labor laws and can prevent fraudulent activities within the supply chain.
Controlled Environments
For industries dealing with high-risk data, implementing controlled environments is essential. Do you offer controlled environments for sensitive tasks? These spaces, whether physical or digital, ensure that sensitive operations are isolated and monitored to prevent unauthorized access or data leakage.
Self-Audits and Third-Party Audits
Lastly, maintaining a compliant and secure supply chain requires regular assessments. Do you conduct self-audits or rely on third-party assistance? Self-audits can catch internal issues early, but third-party assessments provide an unbiased view of your processes and compliance with industry standards. With the enrollment of CMMC (Cybersecurity Maturity Model Certificate) from US DoD, to secure the US defense supply chain with focus on these exact matters, third party audits will be mandatory to be able to supply to US DoD.
Implementing Security Routines
To further secure your supply chain, consider implementing the following routines:
- Regular Security Training: Ensure employees and partners are aware of security risks and best practices.
- Data Encryption and Backup Protocols: Encrypt data at rest and in transit and maintain regular backups.
- Monitoring and Incident Response: Continuously monitor systems for any signs of unauthorized access and have an incident response plan in place.
- Supplier Vetting: Vet suppliers and partners for compliance with security protocols before integrating them into your supply chain.
By asking the right questions and implementing strong security routines, you can significantly reduce the risk of data breaches and ensure a compliant, secure supply chain.
We take every opportunity to talk about these important matters, hope to see you around!
Link to other event in Norway with supply chain focus and cybersecurity measures.