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A supply chain attack is a cyber-attack that seeks to damage an organization by targeting less secure elements in the supply chain. [1] A supply chain attack can occur in any industry, from the financial sector, oil industry, to a government sector. [2] A supply chain attack can happen in software or hardware. [3]
Digital supply chain security refers to efforts to enhance cyber security within the supply chain.It is a subset of supply chain security and is focused on the management of cyber security requirements for information technology systems, software and networks, which are driven by threats such as cyber-terrorism, malware, data theft and the advanced persistent threat (APT).
A healthy and robust supply chain absent from security threats requires safeguarding against disturbances at all levels such as facilities, information flow, transportation of goods, and so on. A secure supply chain is critical for organizational performance. [2] Typical supply-chain security activities include:
A major cybersecurity vulnerability is impacting nearly all of the internet, sending everything from financial institutions to government entities scrambling to patch their systems, before ...
Supply-chain risk management is aimed at managing risks in complex and dynamic supply and demand networks. [1] (cf. Wieland/Wallenburg, 2011)Supply chain risk management (SCRM) is "the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity".
In computer security, a threat is a potential negative action or event enabled by a vulnerability that results in an unwanted impact to a computer system or application.. A threat can be either a negative "intentional" event (i.e. hacking: an individual cracker or a criminal organization) or an "accidental" negative event (e.g. the possibility of a computer malfunctioning, or the possibility ...
Supply chain risk management (SCRM) aims at maintaining supply chain continuity in the event of scenarios or incidents which could interrupt normal business and hence profitability. Risks to the supply chain range from everyday to exceptional, including unpredictable natural events (such as tsunamis and pandemics ) to counterfeit products, and ...
Supply Chain Risk Management (ID.SC): The organization's priorities, constraints, risk tolerances, and assumptions are established and used to support risk decisions associated with managing supply chain risk. The organization has in place the processes to identify, assess and manage supply chain risks.
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