{"id":654,"date":"2025-09-23T10:00:26","date_gmt":"2025-09-23T10:00:26","guid":{"rendered":"http:\/\/www.ateliersfurrer.com\/?p=654"},"modified":"2025-09-23T13:49:39","modified_gmt":"2025-09-23T13:49:39","slug":"third-party-cyber-risks-among-most-significant-threats-to-operational-resilience-acrisure","status":"publish","type":"post","link":"http:\/\/www.ateliersfurrer.com\/index.php\/2025\/09\/23\/third-party-cyber-risks-among-most-significant-threats-to-operational-resilience-acrisure\/","title":{"rendered":"Third-party cyber risks among most significant threats to operational resilience: Acrisure"},"content":{"rendered":"

A new report authored by Acrisure\u2019s James Morgan has highlighted the rising threat of cyber-attacks on key third-party vendors and their potential to trigger widespread operational disruption and financial losses across multiple businesses.<\/p>\n

\"AcrisureThe new report is centred around the recent cyberattack on Collins Aerospace, a major aviation technology provider owned by RTX Corporation.<\/p>\n

For those unaware, the firm suffered a cyberattack on the 19th of September that disrupted its MUSE system, which is a widely used airport platform that supports passenger check-in, baggage processing, and boarding operations at dozens of major international airports.<\/p>\n

The European Union Agency for Cybersecurity (ENISA) has since confirmed that ransomware was used to scramble critical systems, leading to severe operational disruption.<\/p>\n

The disruption impacted major airports including Brussels, London Heathrow, Berlin Brandenburg, and Dublin.<\/p>\n

\n
\"Brit<\/a><\/div>\n<\/div>\n

\u201cThe Collins Aerospace cyberattack is not a one-off. We\u2019ve seen similar recent events involving other critical vendors, including the July 2024 CrowdStrike outage, which crippled IT systems across major corporations and governments globally, and the Kaseya ransomware attack in 2021, which affected thousands of downstream clients via managed service providers,\u201d James Morgan, Senior Vice President at Acrisure London Wholesale, explained.<\/p>\n

He continued, \u201cThese incidents reflect a growing trend, showing that third-party cyber risks are among the most significant threats to operational resilience.\u201d<\/p>\n

According to Morgan, the Collins Aerospace attack evidences that even if systems are secure, businesses are still vulnerable to a supplier\u2019s weaknesses.<\/p>\n

He concluded, \u201cIn today\u2019s hyper-connected economy, organisations rely on a complex web of third-party vendors, from cloud services and software providers to logistics partners and payment processors.<\/p>\n

\u201cAs cyberattacks grow more frequent, sophisticated, and targeted, businesses must go beyond technical defences and strengthen their risk transfer strategies, particularly around third-party exposure.<\/p>\n

\u201cThe Collins Aerospace incident is a powerful reminder that cyber risk isn\u2019t just about stolen data; it\u2019s an operational, financial, and reputational threat. When a critical vendor goes down, the ripple effects can be immediate and severe.<\/p>\n

\u201cFrom aviation to healthcare, utilities to financial institutions, every sector is now deeply reliant on digital service providers. And when they fail, your business can suffer the consequences even if your own systems remain secure.<\/p>\n

\u201cIt\u2019s not just about covering data breaches; it\u2019s about protecting your ability to operate, serve customers, and recover quickly when things go wrong.\u201d<\/p>\n

The post Third-party cyber risks among most significant threats to operational resilience: Acrisure<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

A new report authored by Acrisure\u2019s James Morgan has highlighted the rising threat of cyber-attacks on key third-party vendors and their potential to trigger widespread operational disruption and financial losses across multiple businesses. The new report is centred around the…<\/p>\n","protected":false},"author":1,"featured_media":656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/654"}],"collection":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/comments?post=654"}],"version-history":[{"count":3,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/654\/revisions"}],"predecessor-version":[{"id":658,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/654\/revisions\/658"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/media\/656"}],"wp:attachment":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/media?parent=654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/categories?post=654"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/tags?post=654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}