The frequency for updating the supply chain risk management plan is defined.
Develop a plan for managing supply chain risks associated with organizational systems and system components; update the plan [Assignment: organization-defined frequency].
The growing dependence on products, systems, and services from external providers, along with the nature of the relationships with those providers, present an increasing level of risk to an organization. Threat actions that may increase risk include the insertion or use of counterfeits, unauthorized production, tampering, theft, insertion of malicious software and hardware, and poor manufacturing and development practices in the supply chain. Supply chain risks can be endemic or systemic within a system element or component, a system, an organization, a sector, or the Nation. Managing supply chain risk is a multifaceted undertaking that requires a coordinated effort across an organization to build trust relationships and communicate with both internal and external stakeholders. Supply chain risk management (SCRM) activities involve identifying and assessing risks, determining appropriate mitigating actions, developing SCRM plans to document selected mitigating actions, and monitoring performance against plans. SCRM plans address requirements for developing trustworthy, secure, and resilient systems and system components, including the application of the security design principles implemented as part of life cycle-based systems security engineering processes. [SP 800-161] provides guidance on supply chain risk management.