🔗 Share this article Almost 30% of business leaders observe increase in online breaches on supply chains Approximately a third of company heads have observed a noticeable surge in online breaches targeting their supply chains during the last six-month period, as high-profile digital attacks on well-known companies have highlighted this increasing risk to contemporary enterprises. Cyber threats rise worry scales for purchasing directors Digital security concerns have climbed the list of worries for supply chain executives at numerous organizations globally across diverse business fields including manufacturing, utilities and tech, according to recent professional survey conducted in the ninth month. Major cyber incidents result in substantial economic damage Latest digital intrusions at various well-known corporations have cost them substantial sums of currency, moving cyber resilience from being mainly the concern of digital security units to becoming a primary concern for executive leadership and senior leaders. The nature of international commerce, how we look at global supply chains and the technological logistics landscape are ever more linked, stated a senior sector leader. Global factors compound logistics worries During previous months, procurement executives were notably worried about international tensions, including ongoing disputes in multiple regions, along with international tariff measures that affected international trade. Nevertheless, digital security risks are now matching global tensions and commercial conflicts as the main danger for participants of international trade associations. Survey reveals broad impact The research discovered that nearly 30% of managers reported that businesses within their distribution systems had been targeted by security breaches in previous months. Substantial car manufacturing consequences An important vehicle producer experienced factory closures and was found itself incapable to manufacture cars for an entire month, following a security incident that required the business to shut down digital infrastructure across various international locations. The economic impact of this four-week factory closure at the United Kingdom's primary vehicle producer has been projected at approximately £120 million in lost profits, or 1.7 billion pounds in lost revenues, according to university research from a commercial economics expert. Current worldwide incidents More recently, a well-known Asian beverage company became the latest organization to be compelled to cease operations at its local plants following a cyber-attack. The company, which manages numerous industrial sites in its home country producing drinks and various goods, reported that its transaction handling functions, along with delivery systems and call center operations, had been interrupted following a technical failure caused by the digital intrusion. Increasing connectivity creates vulnerabilities Companies are more and more assisted by other organizations. Have disappeared the era of viewing an business as an entity functioning in independence. Latest major security incidents have acted as a clear warning to companies to allocate resources to strong cybersecurity measures, to protect their internal functions and preserve consumer trust, leading them to investigate how their distribution systems could become possible objectives for digital attackers.