Wired to Procure: Cybersecurity

We’ve reached a point where it’s not a question of “if” a cyberattack will occur, but rather “when” it will happen. 

As cybersecurity threats grow, companies are aligning their procurement and IT teams to enhance protection against attacks. The cybersecurity landscape has seen a surge in attacks, with a 104% rise in global cyberattacks and incidents like the AT&T data breach affecting 73 million customers. 

Procurement teams play a vital role by vetting suppliers with strong cybersecurity practices, incorporating contract clauses to ensure data protection, and collaborating with IT on security policies. By staying vigilant and leading by example, procurement professionals can help safeguard organizations from evolving digital threats while supporting cyberattack prevention efforts.

This short video shows how procurement teams are uniquely positioned to help and the steps they can take to help keep their companies’ systems secure.