A new study from Juniper Research has found that the total cost of software supply chain cyberattacks to businesses will exceed $80.6 billion globally by 2026, up from $45.8 billion in 2023.
This growth of 76 per cent reflects increasing risks from absent software supply chain security processes, and the rising complexity of software supply chains overall.
The new study, Vulnerable Software Supply Chains Are a Multi-billion Dollar Problem, highlights the need for greater emphasis on the software elements of the supply chain as a critical security vulnerability.
The study analysed how both shifts in wider cybersecurity processes, and the mindset around the management of the software supply chain are needed to address these risks.