Common risk-based approach for the Digital Supply Chain
Responsibility throughout the digital supply chain
Companies – and if necessary – governments must establish risk-based rules that ensure adequate protection across all IoT layers with clearly defined and mandatory requirements. Ensure confidentiality, authenticity, integrity, and availability by setting baseline standards, such as
– Identity and access management: Connected devices must have secure identities and safeguarding measures that only allow authorized users and devices to use them.
– Encryption: Connected devices must ensure confidentiality for data storage and transmission purposes, wherever appropriate.
– Continuous protection: Companies must offer updates, upgrades, and patches throughout a reasonable life cycle for their products, systems, and services via a secure update mechanism.
Based on this statement, the CoT members developed a common risk-based approach aligned with international norms to help improve cybersecurity and provide visibility through the supply chain. Three elements form this risk-based approach:
– Baseline requirements are common for all digital suppliers and define the fundamentals that a supplier must address in order to ensure the cybersecurity foundations for their product/service
– Supplier criticality Digital suppliers have different criticalities depending on risk factors, which are also dependent on the context viewed by the purchaser
– Verification Verification to the baseline requirements is dependent on the criticality of the supplier
The purpose of this document is to describe such a risk-based approach and its impact on the digital supply chain with a focus on the various stakeholders throughout the digital supply chain.