Cybersecurity Venture’s 2023 Software Supply Chain Attack Report
Blog post from Snyk
The global cost of software supply chain attacks is predicted to reach nearly $138 billion by 2031, with the number of affected software packages increasing from around 700 in 2019 to over 185,000 in 2022. Malicious actors are exploiting software supply chain vulnerabilities rather than targeting end users, causing some of the most notable cybersecurity incidents and data breaches in recent years. The complexity of the software supply chain makes it challenging for organizations to manage risk and prioritize security measures. The Cybersecurity Ventures Report predicts exponential costs between 2024 and 2031, emphasizing the urgent need for proactive software supply chain security. Developers play a critical role in securing the software supply chain by prioritizing security in their coding and product development processes, with tools like Snyk providing developer-first solutions to mitigate risk.
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