🔗 Share this article Approximately a third of corporate bosses report rise in cyber-attacks on logistics networks Roughly 30% of company heads have witnessed a significant rise in cyber-attacks targeting their logistics networks during the past six months, as recent cyber breaches on prominent businesses have emphasized this growing danger to modern businesses. Digital risks rise worry scales for purchasing directors Digital security concerns have advanced the hierarchy of worries for purchasing directors at hundreds businesses worldwide across multiple business fields including industrial, energy and tech, according to recent sector analysis conducted in the ninth month. High-profile digital attacks cause significant economic damage Current digital intrusions at various prominent corporations have resulted in losses of substantial sums of pounds, shifting online protection from being mainly the responsibility of technology teams to becoming a significant concern for executive leadership and top executives. The character of worldwide business, the manner in which we view global supply chains and the online distribution framework are increasingly interconnected, remarked a prominent sector leader. International elements intensify logistics anxieties In the first half, supply chain managers were particularly anxious about global conflicts, including continuing disputes in several regions, along with trade policies that affected global commerce. Nonetheless, online attacks are now matching global tensions and trade disagreements as the primary danger for participants of international trade associations. Survey reveals extensive impact The survey discovered that 29% of managers stated that businesses within their logistics networks had been targeted by cyber incidents in recent months. Substantial car manufacturing effects One prominent vehicle producer experienced factory closures and was could not to produce vehicles for an entire month, following a digital breach that required the organization to shut down computer systems across various international locations. The monetary effect of this month-long factory closure at Britain's largest car manufacturer has been projected at approximately one hundred twenty million pounds in lost profits, or £1.7 billion in lost revenues, according to academic analysis from a corporate finance expert. Latest worldwide cases In late September, a major Asian beverage company became the latest corporation to be forced to cease operations at its local plants following a security incident. The corporation, which manages numerous industrial sites in its home country producing alcoholic beverages and other products, stated that its transaction handling functions, along with shipping operations and customer service functions, had been halted following a technical failure resulting from the security breach. Expanding connectivity produces weaknesses Organizations are progressively assisted by external entities. Have disappeared the times of considering an organization as an entity functioning in separation. Recent high-profile security incidents have functioned as a clear warning to organizations to invest in comprehensive digital defences, to secure their internal functions and retain consumer trust, leading them to examine how their supply chains could become possible focus points for hackers.