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47% of Firms Suffered From Vendor and Supply-chain Attacks in 2024

Elizabeth Greenberg

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vendor security
Mid-sized, growing companies seem to be at the greatest risk as more cyber-criminals opt for ‘big-game hunting’ of affluent but potentially under-resourced firms.

Security issues – leaks, breaches, hacks – involving third-party vendors continue to terrorise enterprises, research from cybersecurity firm Resilience shows.

The firm found that nearly half (47%) of organisations suffered an disruptive outage over the last year from a breach related to a vendor.

While most (85%) firms claim they are familiar with their third-party vendors, not enough (35%) are confident in their reliance on these external forms, creating a major fault in their overall cybersecurity posture.

This is even more apparent for smaller companies: nearly half (43%) of businesses with annual turnovers over £750m view their vendors precautions and security measures to be sufficient, compared to just a quarter (24%) of firms with an annual turnover of £250m and under.

Despite more confidence in their vendors, larger organisations appeared to show a more consistent level of concern over vendor outages, at 44% compared to the average of 40% across all businesses.

Mid-sized, growing companies seem to be at the greatest risk, according to the report, as more cyber-criminals opt for ‘big-game hunting’ of affluent but potentially under-resourced firms.

Much larger firms – those with a yearly turnover over £1bn – were largely untouched by vendor struggles.


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Vendor and Supply Chain Security

According to CheckPoint’s 2025 report, supply chain attacks surged in 2024, with a year-on-year increase in weekly cyber-attack of 179%.

“Cyber risk has become an undeniable reality for businesses of all sizes, yet our findings highlight a concerning gap in understanding and preparedness, particularly in how leaders assess and manage these risks as financial risks,” Resilience CEO Vishaal Hariprasad said.

Elizabeth Greenberg

Staff Writer

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