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Mandiant and Interos Join Forces to Advance Supply Chain Cyber Risk Management
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Mandiant, Inc. (NASDAQ: MNDT) and Interos have announced a strategic partnership aimed at enhancing cyber security and supply chain risk monitoring. This collaboration will leverage insights from the Interos Resilience Lab and Mandiant's expertise in cyber attack investigations to protect organizations from cyber threats. Recent data shows that supply chain compromises accounted for 17% of intrusions in 2021. The partnership addresses the increasing risks highlighted by the CISA warning about malicious cyber activities targeting supply chains.
Positive
Strategic partnership with Interos to enhance cyber security and supply chain risk management.
Collaboration will utilize insights from Interos Resilience Lab and Mandiant's investigations.
Supply chain compromises accounted for 17% of intrusions in 2021, highlighting market need.
Strategic partnership blends advanced cyber security intelligence and AI-powered supply chain risk monitoring to protect global infrastructure
RESTON, Va. & ARLINGTON, Va.--(BUSINESS WIRE)--
Mandiant, Inc. (NASDAQ: MNDT) and Interos, the fast-growing operational resilience company, today announced a strategic partnership to provide advanced insights and analysis to help enterprises defend against cyber attacks and other threats to their operational resilience. The collaborative partnership is designed to bring to market new intelligence based on insights gleaned from the Interos Resilience Lab, as well as Interos’ SaaS platform, and the frontline investigations and remediations Mandiant conducts regarding high impact cyber attacks worldwide.
Mandiant M-Trends 2022 report shows that global supply chains remain an attractive target for threat actors who seek to take advantage of trusted business-to-business relationships, as attacking the supply chain provides an opportunity to pivot from one supplier network into multiple customer networks at once. In fact, when the initial infection vector was identified, supply chain compromise accounted for 17% of intrusions investigated by Mandiant in 2021, compared to less than 1% in 2020.
Further, new data from Interos’ 2022 Annual Global Supply Chain Report reveals that organizations have been impacted by on average three significant supply chain disruptions within the last 12 months (not including the Ukraine war) – costing a combined $182 million in lost revenue. Cyber attacks account for $37 million of that figure. Additionally, the overwhelming majority (91%) of executives reported that their organizations had experienced supply chain disruptions from Tier 2 and Tier 3 suppliers in their extended supply chain.
“Interos is focused on helping organizations ensure operational resilience; continuously delivering in-depth analysis on criticality for risk, and risk management,” said Marshall Heilman, Chief Technology Officer, Mandiant. “Together with Interos, Mandiant will be able to proactively problem solve with a company that is leading the way in ensuring organizations of all sizes understand key attack vectors across supply chain, threat actors and nation state threats.”
The partnership announcement follows a recent alert from the Cybersecurity and Infrastructure Security Agency (CISA) warning of an increase in malicious cyber activity targeting managed service providers (MSPs). The advisory also recommended MSPs to understand and proactively manage their supply chain risk.
“The CISA warning is more evidence that existing supply chain risk management systems were not designed for today’s complex risk environment,” said Nishant Gupta, Chief Technology Officer, Interos. “Our collaboration with Mandiant will provide multi-factor risk intelligence to help commercial and government organizations better protect targeted entities in their third-party relationships to insulate them from disruption, ransomware, and IP theft. We’re proud to partner with Mandiant to help leaders discover hidden business relationships and exposure to cyber vulnerabilities.”
About Mandiant, Inc.
Since 2004, Mandiant has been a trusted partner to security-conscious organizations. Effective security is based on the right combination of expertise, intelligence, and adaptive technology, and the Mandiant Advantage SaaS platform scales decades of frontline experience and industry-leading threat intelligence to deliver a range of dynamic cyber defense solutions. Mandiant’s approach helps organizations develop more effective and efficient cyber security programs and instills confidence in their readiness to defend against and respond to cyber threats.
Mandiant is a registered trademark of Mandiant, Inc. in the United States and other countries. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.
About Interos
Interos is the operational resilience company — reinventing how companies manage their supply chains and business relationships — through our breakthrough SaaS platform that uses artificial intelligence to model and transform the ecosystems of complex businesses into a living global map, down to any single supplier, anywhere. The Interos Operational Resilience Cloud helps organizations reduce risk, avoid disruptions, and achieve superior enterprise adaptability. Based in Washington, DC, the fast-growing private company is led by CEO Jennifer Bisceglie and supported by investors Kleiner Perkins, NightDragon, and Venrock. www.interos.ai.
What is the impact of the partnership between Mandiant and Interos on MNDT?
The partnership aims to strengthen cyber security measures and improve supply chain risk monitoring, potentially increasing Mandiant's market relevance and customer trust.
How does the CISA warning affect Mandiant's strategy?
The CISA warning underscores the need for improved risk management solutions, prompting Mandiant to enhance its offerings through collaboration with Interos.
What statistics support the need for Mandiant's new partnership?
Mandiant's M-Trends 2022 report indicates that supply chain compromises grew to 17% of intrusions, emphasizing the need for enhanced security measures.
What specific services will Mandiant and Interos provide through their partnership?
They will offer advanced insights and risk intelligence to help organizations defend against cyber threats focused on supply chains.
