🔗 Share this article

Almost 30% of corporate leaders have witnessed a noticeable rise in online breaches targeting their logistics networks during the previous half-year, as high-profile digital attacks on major corporations have emphasized this expanding risk to contemporary enterprises.

Digital risks climb concern rankings for procurement managers

Online protection issues have advanced the ranking of priorities for procurement managers at hundreds businesses internationally across multiple business fields including manufacturing, power and IT, according to recent professional survey performed in early autumn.

High-profile digital attacks result in substantial financial losses

Current security breaches at several prominent corporations have cost them substantial sums of pounds, shifting digital security from being mainly the focus of technology teams to becoming a primary priority for executive leadership and top executives.

The essence of worldwide business, the way we view global supply chains and the technological distribution framework are ever more linked,

commented a senior professional association head.

Geopolitical elements compound logistics anxieties

During previous months, purchasing directors were especially anxious about international tensions, including ongoing disputes in several regions, along with international tariff measures that affected worldwide business.

Nonetheless, digital security risks are now competing with international conflicts and tariff disputes as the most significant threat for members of worldwide commercial organizations.

Survey reveals broad impact

The study revealed that nearly 30% of executives reported that businesses within their logistics networks had been targeted by digital attacks in recent months.

Substantial automotive effects

A notable vehicle producer experienced manufacturing stoppages and was unable to manufacture cars for a full month, following a security incident that forced the business to disable digital infrastructure across multiple global facilities.

The economic impact of this 30-day manufacturing halt at the UK's biggest automotive employer has been calculated at approximately one hundred twenty million pounds in lost profits, or £1.7 billion in lost revenues, according to academic analysis from a commercial economics expert.

Latest worldwide examples

In late September, a major international drinks manufacturer became the most recent business to be compelled to stop production at its domestic factories following a cyber-attack.

The corporation, which manages numerous manufacturing plants in the Asian nation producing alcoholic beverages and additional items, announced that its transaction handling functions, along with shipping operations and call center services, had been interrupted following a systems outage caused by the digital intrusion.

Growing integration produces risks

Businesses are increasingly assisted by external entities. Gone are the times of viewing an company as an entity functioning in separation.

Current major security incidents have served as a clear warning to organizations to invest in robust digital defences, to secure their own operations and retain consumer trust, prompting them to examine how their distribution systems could become potential targets for hackers.