Almost 30% of corporate bosses note surge in online breaches on supply chains

Approximately one-third of business executives have reported a noticeable surge in online breaches targeting their supply chains during the past six months, as recently reported digital attacks on major corporations have highlighted this increasing risk to today's organizations.

Online security issues rise worry scales for purchasing directors

Digital security concerns have moved up the list of priorities for procurement managers at numerous organizations worldwide across multiple sectors including industrial, energy and IT, according to current professional survey performed in September.

High-profile digital attacks lead to considerable financial losses

Recent digital intrusions at various well-known companies have resulted in losses of substantial sums of money, shifting cyber resilience from being mainly the concern of technology teams to becoming a significant priority for senior management and top executives.

The character of worldwide business, the way we view global supply chains and the technological logistics landscape are progressively connected,

stated a senior professional association head.

International factors intensify logistics anxieties

During previous months, purchasing directors were particularly concerned about international tensions, including persistent conflicts in various regions, along with trade policies that weighed on worldwide business.

Nonetheless, digital security risks are now rivalling geopolitical shocks and tariff disputes as the main danger for members of international trade associations.

Survey reveals broad consequences

The research discovered that 29% of executives reported that organizations within their logistics networks had been compromised by cyber incidents in recent months.

Substantial vehicle production impact

An important vehicle producer experienced factory closures and was unable to produce vehicles for a full month, following a cyber-attack that required the business to disable computer systems across various overseas operations.

The monetary effect of this month-long manufacturing halt at the United Kingdom's primary car manufacturer has been projected at approximately £120 million in missed earnings, or £1.7 billion in lost revenues, according to expert assessment from a commercial economics expert.

Latest global examples

In late September, a prominent Japanese brewing group became the newest organization to be forced to stop production at its local plants following a security incident.

The corporation, which manages several industrial sites in its home country producing beer and other products, stated that its sales management systems, along with distribution activities and customer service functions, had been halted following a technical failure triggered by the security breach.

Growing integration produces risks

Organizations are more and more supported by partner companies. Have disappeared the times of thinking an business as an unit functioning in separation.

Recent major digital breaches have served as a strong reminder to organizations to allocate resources to comprehensive digital defences, to protect their internal functions and preserve customer confidence, prompting them to analyze how their logistics networks could become potential focus points for digital attackers.

Jake Parker
Jake Parker

A passionate web developer and digital strategist with over 10 years of experience, sharing insights on modern web technologies.