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Supply Chain Attacks Are the New Backdoor Into Banks


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John Nayagam and Don Gibson examine how financial institutions can move beyond compliance theater to risk-based supplier assessment while extending zero trust principles to third-party relationships.

Financial institutions face escalating supply chain vulnerabilities where trusted third-party relationships become primary attack vectors. The challenge extends beyond technical security controls to fundamental governance failures. Meanwhile, geopolitical tensions introduce new complexities around technology sourcing and supplier relationships, requiring institutions to balance ethical considerations with operational continuity.

The human element remains the most exploited vulnerability in supply chain attacks, amplified by process failures and cultural shortcuts that prioritize efficiency over security. Organizations often discover that traditional security frameworks fail to address these interconnected vulnerabilities, creating systemic blind spots that sophisticated attackers systematically exploit.

This panel, featuring insights from cybersecurity leaders, will examine:

  • Moving beyond box-ticking compliance toward risk-based supplier assessment;
  • Extending zero trust principles to supplier relationships while maintaining operational efficiency and partnership dynamics;
  • Building organizational cultures that balance security requirements with user experience.

Here is the course outline:

Supply Chain Attacks Are the New Backdoor Into Banks

Completion

The following certificates are awarded when the course is completed:

CPE Credit Certificate