Global supply chains have grown increasingly complex, leading to a rise in cybersecurity threats. Over the past several years, these threats have surged, prompting companies to recognize the critical need to prioritize cybersecurity. While the average cost of a security breach is $36,000, this financial impact pales in comparison to the potential damage to a […]
Global supply chains have become increasingly complex and with that comes more cybersecurity threats. As threats to the supply chain have increased significantly over the past several years, companies are realizing that cybersecurity must become a priority. The average cost of a security breach is $36,000, but the financial cost is minimal compared to the […]
As if the logistics and transportation industry has not faced enough challenges this year so far, dockworkers in the U.S. might be heading for a strike this summer. Dockworkers particularly at West Coast ports cite issues with their working conditions and standard of living as reasons for the strike. As their current contract is due […]
Record backlogs of containers at ports around the world are creating a scenario that is ideal for cargo theft. Whether on a truck, at a port, airport, or warehouse, shipments are particularly vulnerable to theft. Because supply chains are so complex, it is especially important to have security measures, procedures, and protocols in place to […]
Reverse logistics is one of the most complex parts of a supply chain. The drastic increase in e-commerce purchases over the last few years coupled with more demanding customer expectations has made returned goods a regular occurrence for retailers to handle. It is estimated that UPS alone will have handled 60 million returns by the […]
Global supply chains have become increasingly complex and with that comes more cybersecurity threats. As threats to the supply chain have increased significantly over the past two years, companies are realizing that cybersecurity must become a priority. The average cost of a security breach is $36,000, but the financial cost is minimal compared to the […]
Cybersecurity Risks in the Supply Chain are Increasing: Are you Ready? As organizations are becoming increasingly interconnected with their partners and vendors, cybersecurity risks are fast becoming a serious threat. With an estimated 80% of all cyber breaches occurring in the supply chain, businesses need to identify potential risks and the likelihood that they will […]
Rapid responses to the Coronavirus pandemic leave logistics vulnerable to security breaches. Security and risk teams must remain vigilant and focus on strategic areas. Despite the current global pandemic, cyberattackers have made it clear they’re not taking any time off. Now that many workers have shifted to working remotely and organizations are distracted trying to […]