Why Cybersecurity Has Never Been More Important for the Supply Chain Sector

0
105

Many factors have come together to increase the likelihood of a cyberattack on your supply chain. As the number of attack vectors has risen dramatically, cyber criminals, belligerent governments, and other threat actors have been targeting supply chains more actively. These cyber threats are becoming more severe when supply chains are already in crisis — a May 2022 report published by Accenture found that supply chain disruptions have led to a loss of €112 billion (0.9 percent of GDP) in the eurozone alone. Depending on the effects of the war in Ukraine, these losses could climb to €920 billion (7.7 percent of GDP) next year.  

Worse, the sweeping digital transformation that’s giving the supply chain sector the tools to deal better with a disruptive norm is providing cybercriminals with ever-increasing opportunities to infiltrate companies. This is why supply chain cybersecurity platforms have to keep up with evolving cyberthreats and ensure that all attack vectors are covered at all times. There’s no better resource for building this type of resilience than a cyber-aware workforce, including every employee.  

Cybersecurity is necessary for supply chain…

Read More…