Guardians of the Grid: Five Cybersecurity Strategies to Fortify Procurement Operations
How are you protecting your procurement operations from increased cybersecurity threats?
Recent data indicates that 91% of private and public sector organizations in North America have experienced a supply chain cyber incident in the past 12 months. With statistics like this, it’s more critical than ever for procurement organizations to leverage their IT counterparts to mitigate these risks.
In ProcureAbility’s five cybersecurity strategies, you can explore how to increase cybersecurity vigilance:
- Conduct awareness and risk assessments: Training internal and external stakeholders to identify and act on cybersecurity threats
- Implement category management: Limiting supply chain complexity and unifying protection measures against cyberthreats
- Manage technology in procurement: Bringing both opportunities and challenges, harnessing technology thoughtfully can manage associated risks
- Allocate critical resources: Determining a budget for cybersecurity needs based on company size, industry, and risk tolerance
- Develop training and strategy: Equipping your team to prevent cybersecurity breaches through robust training
By proactively working to reduce these breaches in collaboration with your IT stakeholders, you can reduce your risk for costly damages from cyberattacks.
