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Approximately a third of business executives have reported a significant increase in cyber-attacks targeting their logistics networks during the past six months, as recent digital attacks on prominent businesses have highlighted this growing risk to modern businesses.

Digital risks rise priority lists for supply chain executives

Digital security concerns have advanced the list of concerns for supply chain executives at multiple companies worldwide across various business fields including industrial, utilities and technology, according to recent sector analysis performed in early autumn.

Major digital attacks result in substantial monetary impacts

Latest security breaches at multiple prominent corporations have cost them tens of millions of currency, moving digital security from being mostly the focus of technology teams to becoming a major priority for corporate boards and top executives.

The nature of international commerce, the way we view global supply chains and the online logistics landscape are ever more linked,

remarked a prominent professional association head.

Global considerations compound supply chain concerns

Earlier this year, purchasing directors were notably anxious about international tensions, including persistent tensions in multiple areas, along with trade policies that impacted global commerce.

Nevertheless, online attacks are now matching geopolitical shocks and tariff disputes as the main threat for organizations of worldwide commercial organizations.

Research shows extensive effect

The study discovered that almost one-third of executives reported that companies within their supply chains had been targeted by cyber incidents in recent months.

Significant automotive impact

One prominent car company experienced factory closures and was unable to build automobiles for a full month, following a security incident that forced the company to disable digital infrastructure across various international locations.

The monetary effect of this month-long manufacturing halt at Britain's largest vehicle producer has been projected at approximately 120 million pounds in missed earnings, or one point seven billion pounds in missed sales, according to university research from a business economics expert.

Current international cases

During the autumn, a prominent Asian beverage company became the newest corporation to be required to cease operations at its local plants following a cyber-attack.

The corporation, which manages multiple production facilities in Japan producing drinks and other products, announced that its order processing capabilities, along with delivery systems and call center functions, had been disrupted following a technical failure caused by the cyber-attack.

Increasing interconnectedness generates risks

Organizations are more and more assisted by partner companies. No longer exist the era of thinking an company as an operation working in separation.

Recent major security incidents have served as a important lesson to organizations to allocate resources to strong digital defences, to secure their own operations and preserve client faith, prompting them to examine how their distribution systems could become potential objectives for digital attackers.