Cybersecurity Vulnerabilities in Supply Chain Hacks

Hackers are increasingly targeting supply chain hacks, breaking into companies that handle data for others such as cloud service providers and niche services. These companies invest heavily in cybersecurity but become vulnerable as a single breach could expose large quantities of data. A story about Mackenzie Financial exemplifies this vulnerability, where a vendor of the investment firm was hacked, compromising client information. Individual consumers have limited control over supply chain hacks, highlighting the need for legislation, industry standards, and regulatory investigations to protect against such cyber threats.