Cyber Risks in U.S. Supply Chains: Foreign Providers Under Scrutiny
A recent report by Bitsight has unveiled significant cyber risks within U.S. supply chains, primarily stemming from foreign-linked providers. Analyzing data from 500,000 organizations and their associations with over 12,000 providers, the study highlights concerning ties to Chinese military-affiliated companies. Dependence on Foreign-Linked Providers The report reveals that one-third of the U.S. supply chain relies on software or services from companies designated by the Department of Defense as "Chinese Military Companies." Additionally, two-thirds of the supply chain depends on firms with connections to Chinese state-linked entities, raising alarms about data security and potential espionage. Notably, ByteDance Group, the parent company of TikTok, is linked to 35.4% of the U.S. market, underscoring the extensive reach of scrutinized firms across various industries. The Threat of "Hidden Pillars" Beyond prominent companies, the report sheds ligh...