Editor’s Note: This is the first in a series on Cybersecurity in Supply Chains by SK Jeong, a University of Tennessee professor and digital supply chain researcher experienced in detecting vulnerabilities in software systems and economic impact of cyberattacks. He explores why cybersecurity matters to supply chain managers and what fundamental strategies managers should take. You can find the original post on the University of Tennessee Global Supply Chain Institute’s blog, where supply chain professionals can find essential reading from leading researchers and scholars on the latest trends and topics relevant to global supply chain management.
With the digitalization of business, cyberattacks have become a top risk. These attacks occur more frequently and cause significant losses in business value. Recognizing the severity of the risk they’re exposed to, leading companies have enhanced their cybersecurity measures. However, building a so-called security fortress does not prevent cyberattacks entirely. Instead of directly attacking well-protected target companies, cyber-attackers will often exploit…
