🔗 Share this article Nearly a third of business leaders note increase in online breaches on supply chains Almost 30% of company heads have observed a significant surge in cyber-attacks targeting their logistics networks during the last six-month period, as high-profile cyber breaches on prominent businesses have underscored this growing risk to modern businesses. Cyber threats climb concern rankings for procurement managers Digital security concerns have climbed the ranking of priorities for purchasing directors at hundreds businesses globally across various sectors including industrial, power and technology, according to current sector analysis performed in September. Prominent digital attacks lead to considerable monetary impacts Latest cyber attacks at several well-known companies have resulted in losses of millions of currency, moving cyber resilience from being mostly the focus of technology teams to becoming a major priority for executive leadership and top executives. The essence of global trade, the way we view international logistics networks and the technological distribution framework are progressively interconnected, commented a prominent industry executive. Geopolitical elements intensify logistics concerns In the first half, supply chain managers were particularly anxious about global conflicts, including continuing tensions in multiple areas, along with international tariff measures that impacted worldwide business. However, online attacks are now rivalling geopolitical shocks and trade disagreements as the main risk for members of worldwide commercial organizations. Research reveals broad impact The survey revealed that nearly 30% of directors reported that organizations within their supply chains had been targeted by security breaches in the past few months. Major automotive effects An important automotive manufacturer experienced production shutdowns and was could not to manufacture cars for an entire month, following a security incident that compelled the company to disable digital infrastructure across various global facilities. The financial consequences of this month-long production shutdown at the United Kingdom's primary car manufacturer has been estimated at approximately one hundred twenty million pounds in missed earnings, or one point seven billion pounds in foregone income, according to academic analysis from a commercial economics academic. Recent global examples More recently, a major international drinks manufacturer became the newest business to be compelled to stop production at its domestic factories following a digital breach. The company, which maintains multiple production facilities in its home country producing drinks and additional items, stated that its order processing capabilities, along with delivery systems and client support services, had been interrupted following a technical failure resulting from the cyber-attack. Increasing connectivity generates risks Companies are more and more assisted by other organizations. Have disappeared the days of thinking an organization as an entity operating in independence. Recent major cyber-attacks have acted as a strong reminder to businesses to allocate resources to comprehensive digital defences, to protect their internal functions and preserve customer confidence, encouraging them to investigate how their logistics networks could become likely objectives for cyber criminals.