In December 2020, a nation-state attack on the SolarWinds network management system compromised the supply chains of over 18,000 organizations, including the Pentagon and the Department of Homeland Security. With costs likely to run into the billions, this breach was one of the biggest incidents in recent years — but it won’t be the last. As the world shifts toward digital messaging and services, the value of digital assets soars. Tech and hacking skills continue to advance, enabling stronger attacks in a time when data security, personal privacy and supply chain security are paramount.
Businesses must do everything in their power to keep supply chains running smoothly, or they risk losing sensitive consumer data, positive customer feedback or their brand’s good name.
This article will explore five of the biggest supply chain security threats. Then, we’ll look at the best practices to adopt to safeguard against these problems.
5 Global Supply Chain Security Concerns in 2021
Faced with the new world of remote systems and greater reliance on cloud computing, companies must think carefully about their business processes. Remote systems impact many core aspects of their existing supply chain security management, including:
Data protection
Data locality
Fraud prevention
Data governance
Third-party risk.
Data Protection for Supply Chain Security
It can be hard to do two things at once. You need to keep your data connected because you need data workflows to run a successful business. At the same time, protecting your data from brea ..
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