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Supply Chain Resilience: Protecting Against Business Payment Attacks

This week in cybersecurity from the editors at Cybercrime Magazine

Read the Full Story in Forbes

Sausalito, Calif. – Sep. 4, 2024

Forbes article reports that attacks on the supply chain are a pervasive issue plaguing enterprises. Gartner estimates that 45 percent of organizations worldwide will experience software supply chain attacks by 2025, while Cybersecurity Ventures estimates that $60 billion will be lost to these attacks by next year.

As the sophistication of these cyberattacks grows, organizations must employ more progressive technologies capable of safeguarding their business payments to better protect themselves and their partners from catastrophic financial loss.

The impact of these business payment attacks can be severe, leading to financial losses, ongoing litigation, reputational damage and even loss of market share. However, many organizations still lack robust programs to detect and prevent these issues.

Shai Gabay, co-founder and CEO at Trustmi, a pioneer in business payment security, contributed this Forbes article providing advice on how to fortify your B2B payment security measures and foster resilience across your supply chain.

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