Contact us

The Third Parties in Your Code: Software Supply Chain Risk and the SBOM

by NOXMON Risk Team, Cybersecurity & Risk Management Experts

The Third Parties in Your Code: Software Supply Chain Risk and the SBOM

There's a category of third-party risk that never appears in a vendor inventory, never gets a questionnaire, and never signs a contract—yet it runs inside nearly every application you build and buy. It's the open-source libraries, packages, and components that modern software is assembled from. A typical application isn't written so much as composed: your developers write a fraction of the code, and the rest arrives as dependencies pulled from public registries, each of which pulls in its own dependencies, several layers deep. Those components are third parties by any honest definition, and most third-party risk programs are blind to them.

The software supply chain became a headline risk because attackers noticed the same thing your developers did: it's far more efficient to compromise one widely used component than to attack thousands of organizations individually. A single poisoned package, a hijacked maintainer account, or a vulnerability in a ubiquitous library propagates instantly to everyone who depends on it—and the incidents of recent years have proven the model works.

Why This Is Third-Party Risk, Not Just "AppSec"

It's tempting to hand this problem entirely to the application security team and consider it separate from vendor risk. That framing misses the point. Every dependency is a party you're trusting—to be well-maintained, to not be malicious, to not become abandoned, and to fix its own security flaws. You've made a trust decision about each one, usually implicitly, the moment a developer added it to a manifest file. That's a third-party relationship; it just never went through procurement.

The risks split into a few recognizable shapes. Known vulnerabilities are the most common: a component you depend on turns out to have a flaw, and until you update it, that flaw is in your software. Malicious packages are the more sinister case—typosquatted names, dependency-confusion attacks, or a legitimate package whose maintainer account gets hijacked and pushes a poisoned update to everyone. Abandonment is the quiet one: a component stops being maintained, so when a vulnerability is found, no fix is ever coming, and you're running unowned code with no path to safety. And license risk sits alongside all of it, because a component's license carries obligations that can create legal and commercial exposure independent of security.

The dependency graph makes it worse. You didn't choose most of the components in your software—your direct dependencies dragged in transitive ones you've never heard of, and those are exactly where risk hides, because nobody's watching the dependency of a dependency of a dependency.

The SBOM: Knowing What You're Actually Running

You can't manage components you can't see, and the answer to visibility is the Software Bill of Materials—an SBOM. An SBOM is an inventory of every component in a piece of software, including the transitive dependencies, expressed in a standard format (CycloneDX and SPDX are the common ones) that tools can consume. It answers the question that turns out to be shockingly hard to answer in a crisis: when a new vulnerability drops in a widely used library, is it in any of our software, and where?

That question is the entire practical value of an SBOM. When the next ubiquitous-library vulnerability makes the news, the organizations with SBOMs can query their inventory and know their exposure in minutes; the organizations without them spend days or weeks of manual archaeology figuring out which systems are affected while the clock runs. The difference between those two positions is the difference between a managed response and a scramble.

SBOMs matter in two directions. For software you build, generating an SBOM as part of your build pipeline gives you that continuous inventory of your own dependencies. For software you buy, requesting an SBOM from your vendors—increasingly an expectation in regulated and government-adjacent contexts—gives you visibility into the components inside the third-party products you run, so a vulnerability in a shared library isn't invisible just because it lives inside a vendor's binary.

Governing the Components, Not Just Cataloging Them

An SBOM is inventory, and inventory alone changes nothing. The governance around it is where risk actually gets managed.

Software composition analysis tooling continuously checks your dependencies against vulnerability databases and license data, so a newly disclosed flaw in something you use surfaces automatically rather than waiting for someone to notice. The harder discipline is prioritization: a vulnerability's severity score matters far less than whether the vulnerable code is actually reachable in your application and exposed to attackers. Chasing every high-severity finding in a component you barely use burns the credibility you need to move fast on the one that's genuinely exploitable in production.

Beyond reacting to vulnerabilities, mature programs make deliberate choices about what they pull in: preferring well-maintained components with active maintainers and healthy communities, using pinned versions and integrity verification so a dependency can't silently change underneath you, and pulling from controlled internal registries rather than reaching straight out to public ones on every build. For software you buy, this connects back to your vendor program—asking vendors how they manage their software supply chain, and requesting SBOMs as part of due diligence for critical products, folds this risk into the third-party governance you already run.

How NOXMON Helps

Software supply chain risk sits in an awkward seam between application security and third-party risk, and organizations frequently under-govern it precisely because it doesn't fit neatly in either bucket. NOXMON treats it as what it is: a third-party trust problem that happens to live inside your code.

Our Application Security practice—including penetration testing and software composition analysis—gives you visibility into the components inside your own software, generating the SBOM and the reachability-aware prioritization that turns a flood of dependency alerts into a short list of things that actually matter. We help wire this into your build pipeline so the inventory stays current rather than becoming a snapshot that's stale by next sprint.

On the acquisition side, our Technology Risk Management and Cybersecurity Risk Assessment services extend your vendor due diligence to cover how suppliers manage their own software supply chains, and help you incorporate SBOM requests into critical-vendor onboarding so the components inside third-party products stop being a blind spot. Our Compliance Framework Review aligns all of this with the growing set of regulatory and contractual expectations around software supply chain security. And when a component-driven incident hits—the next ubiquitous-library vulnerability, or a malicious package in your build—our Incident Response Planning and 24x7 SOC Monitoring mean you can answer "are we affected, and where?" quickly and respond before the exposure is exploited. When there is no security leader to own this seam, our Virtual CISO (vCISO) service makes sure it has an owner at all, rather than falling permanently between two teams.

The Bottom Line

The third parties inside your software are as real as the ones you sign contracts with—arguably more consequential, because they run in your applications rather than beside them, and because a single compromised component reaches everyone at once. You can't write software without them, and you shouldn't try. What you can do is know what you're running through an SBOM, watch it continuously, prioritize by what's actually exploitable, and extend the discipline to the software you buy. Do that, and the next headline-grabbing library vulnerability becomes a query you can answer in minutes instead of a fire you fight in the dark.

More articles

Deepfakes and AI-Powered Social Engineering: Defending Against Attacks That Sound Like Your CFO

Generative AI has made voice cloning, deepfake video, and flawless phishing cheap and scalable. Why awareness training alone is no longer enough, and what process-level defenses actually stop these attacks.

Read more

Scoping the ISMS: Why Clause 4 Decides Whether Your ISO 27001 Program Succeeds

The ISMS scope statement is the most consequential paragraph you will write for ISO 27001, and the easiest to get wrong. Here is how NOXMON draws a boundary that is credible to auditors and sustainable for the business.

Read more

Tell us about your project

Our offices

  • Houghton
    Houghton, MI 49931
    (212) 913-9184
    info@noxmon.com
  • New York City
    New York, NY 10011
    (212) 913-9184
    info@noxmon.com