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Approximately 30% of corporate leaders have observed a noticeable surge in cyber-attacks targeting their logistics networks during the previous half-year, as recent security incidents on prominent businesses have highlighted this growing danger to modern businesses.

Online security issues move up priority lists for supply chain executives

Online protection issues have climbed the hierarchy of concerns for purchasing directors at multiple organizations internationally across multiple industries including production, utilities and IT, according to recent industry research conducted in September.

Major cyber incidents result in considerable financial losses

Recent cyber attacks at various well-known businesses have cost them tens of millions of pounds, shifting cyber resilience from being mainly the responsibility of IT departments to becoming a primary priority for senior management and senior leaders.

The character of worldwide business, the manner in which we look at worldwide distribution systems and the digital distribution framework are progressively interconnected,

stated a prominent industry executive.

International considerations intensify logistics concerns

In the first half, supply chain managers were particularly worried about global conflicts, including continuing conflicts in multiple areas, along with international tariff measures that weighed on global commerce.

Nevertheless, digital security risks are now rivalling geopolitical shocks and commercial conflicts as the main risk for organizations of global business groups.

Research reveals extensive effect

The research found that nearly 30% of executives reported that organizations within their distribution systems had been attacked by digital attacks in the past few months.

Significant car manufacturing consequences

An important vehicle producer experienced factory closures and was found itself incapable to manufacture cars for an entire month, following a digital breach that required the business to shut down computer systems across several international locations.

The financial consequences of this month-long factory closure at the UK's biggest car manufacturer has been projected at approximately one hundred twenty million pounds in foregone income, or £1.7 billion in foregone income, according to academic analysis from a commercial economics expert.

Current global incidents

In late September, a prominent international drinks manufacturer became the latest business to be required to halt manufacturing at its home country facilities following a security incident.

The organization, which maintains several industrial sites in the Asian nation producing alcoholic beverages and additional items, stated that its sales management systems, along with distribution activities and customer service functions, had been disrupted following a systems outage resulting from the digital intrusion.

Expanding interconnectedness creates weaknesses

Businesses are more and more assisted by partner companies. Have disappeared the days of thinking an organization as an operation working in isolation.

Recent prominent security incidents have acted as a strong reminder to companies to invest in robust digital defences, to protect their own operations and preserve consumer trust, leading them to investigate how their supply chains could become potential targets for hackers.