According to reports, the European Union (EU) is planning a large-scale cyber attack simulation on the supply chain.

According to Bloomberg, the exercise will take place in the next few days and last six weeks. The exercise is designed to test the willingness of member states to attack the continent’s distribution networks.

Quoting internal documents and sources that are “familiar with the subject”, Bloomberg said the simulated attack will mainly target supply chains across Europe. The coordinated attack will be based on supply chain hacks that have been past or are likely to be realistic in the future.

The participants in the “stress test” will coordinate the diplomatic and public responses to the attacks and look at the spill-over of the socio-economic effects to other Member States.

The exercise is believed to have been proposed by France, which took over the presidency of the Council of the European Union on January 1, 2022. Following the exercise, the EU intends to develop a framework for a joint response to a serious incident that it is currently missing.

Current incidents like SolarWinds and Kaseya demonstrated the widespread damage cyber attacks can cause in the supply chain appears to be a growing target for threat actors.

Comment, Todd Carroll, CISO at Cybel Angel, said, “Supply chain attacks are an ongoing trend and are only getting worse. This is largely due to the fact that as the supply chain and digital ecosystems of a state or organization expand, its attack surface grows exponentially. In a few months, attacks like SolarWinds can look comparatively small.

“Ransomware can no longer be described as a hypothetical systemic risk. It is now a systemic problem that will only increase. This is another clear example of cybersecurity having a massive impact on the physical security and daily life of all of us.

“Unfortunately, we expect further attacks on the supply chain. As companies increasingly entrust a large portion of their services to single points of failure – think AWS or Google – this becomes a problem and, as such, companies become preferred targets.

“This stress test is a welcome plan of action and underscores the growing need for early threat detection and ransomware preparedness skills. Member States and companies urgently need to prevent threats before attackers overwhelm them. “

In December last year, Israel led a similar 10-country attack simulation that targeted the global financial system.

Source link
#European #Union #starts #simulation #supply #chain #attacks

Leave a Reply