Cyberattacks pose risk to supply chain security, says Huawei
Huawei’s Global Cyber Security and Privacy Officer, Sean Yang has delivered his keynote presentation titled "Enhancing Supply Chain Security in the New Digital Reality" at GovWare 2023.
During his presentation at one of Asia’s leading cybersecurity events, Yang highlighted how cyberattacks are growing increasingly severe and posing significant challenges on supply chain security. To address these risks and challenges, he cites the necessity for collaborative efforts from both upstream and downstream stakeholders in the industry.
This presentation comes in the wake of Huawei being awarded the Cybersecurity Agency of Singapore's (CSA) Cyber Trust Mark Certification, highlighting the company’s global commitment to digital safety.
Significant cybersecurity challenges to impact supply chain
Huawei designs, develops, manufactures and sells telecoms equipment, consumer electronics and smart devices. IT also works to offer integrated solutions across telecom networks, IT, smart devices and cloud services.
Security is consistently an integral part of the company’s digital platform, which works to provide resilient end-to-end network security capabilities that ensure the security of customer data and applications. The company has also built and implemented its own end-to-end global cybersecurity and privacy protection assurance system in all domains.
Building and implementing end-to-end global cyber security and privacy protection assurance systems is one of Huawei's key strategies. It actively works with governments, customers and industry partners to address cyber security and privacy challenges.
Yang told the conference that cyberattacks “are growing increasingly severe and pose significant challenges on supply chain security”.
He added: “To address these risks and challenges, collaborative effort from both upstream and downstream stakeholders in the industry is necessary.
“In order to ensure supply chain security, companies need to effectively build security into products, and focus on supplier management, open-source software management, R&D and production management.
Vulnerability management as “crucial”
“Effective vulnerability management is a crucial control of supply chain security. Companies need to effectively manage their upstream sources, including open-source and third-party,” Yang continued.
The establishment of solid vulnerability management programmes is critically important, given that they can help organisations to mitigate data theft and extortion risk with measures to prevent data exfiltration wherever possible.
Yang explained how companies will need to assure product security through secure development practices and continuous lifecycle security and providing excellent service to their downstream customers or tenants.
He also shared on Huawei's vulnerability management practices as described in the "Huawei Vulnerability Management White Paper".
Yang also said product security must be “assured through secure development practices and continuous lifecycle security”, and that businesses “must provide excellent service to their downstream customers or tenants”.
He concluded his presentation by stating that Huawei will continue to contribute both capabilities and governance best practices to the industry. It will also collaborate with stakeholders with openness and transparency in order to build a secure ecosystem towards supply chain security.
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