The new report is centred around the recent cyberattack on Collins Aerospace, a major aviation technology provider owned by RTX Corporation. “The Collins Aerospace cyberattack is not a one-off. He continued, “These incidents reflect a growing trend, showing that third-party cyber risks are among the most significant threats to operational resilience.”According to Morgan, the Collins Aerospace attack evidences that even if systems are secure, businesses are still vulnerable to a supplier’s weaknesses. He concluded, “In today’s 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. “The Collins Aerospace incident is a powerful reminder that cyber risk isn’t just about stolen data; it’s an operational, financial, and reputational threat.