With supply chain attacks on the rise, the logistics sector seeks answers on how to mitigate cyber exposure.
The technology within the logistics sector is more connected than ever before. With the introduction of new technology, the level of cyber threat has also increased. A recent study concluded that within the last year, weekly ransomware attacks within the logistics sector increased by 186%.
Many believe the recent uptick in cybercrime within the logistics industry can be attributed to the increase in digitization combined with antiquated standards. Although digitization has improved workflows across the industry, it has also introduced a new wave of industry-wide vulnerabilities.
Business disruption can come in many forms, including:
- Failure to complete deliveries or shipments
- Loss of day-to-day production
- Third-party supply chain interference
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