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Cybersecurity 101 – what is the biggest risk in the supply chain?

High-profile companies are increasingly being devastated by cyber-attacks that cause financial losses and that damage their brand reputation. Organisations are struggling to protect the confidentiality, availability and integrity of data. Information security has become more complex due to innovations involving big data storage, predictive analytics, and the use of cloud-based solutions. Electronic tools such as e-sourcing and automated procure-to-pay systems complicate matters further.  Over and above all of this, there is the people problem. There are many weak links in the supply chain including importers, foreign manufacturers, agents, transport companies and third-party logistics service providers. Hackers, whose main objective seems to hold organisations to ransom, can infiltrate any of these layers.

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