🔗 Share this article Nearly one-third of business leaders observe increase in online breaches on logistics networks Approximately 30% of business executives have witnessed a significant increase in cyber-attacks targeting their distribution systems during the past six months, as high-profile digital attacks on well-known companies have highlighted this increasing risk to contemporary enterprises. Online security issues climb priority lists for procurement managers Online protection issues have moved up the hierarchy of priorities for supply chain executives at multiple companies internationally across multiple sectors including manufacturing, utilities and tech, according to recent professional survey performed in the ninth month. High-profile digital attacks result in substantial monetary impacts Current cyber attacks at several well-known businesses have cost them substantial sums of currency, transitioning digital security from being mainly the concern of digital security units to becoming a primary concern for executive leadership and company directors. The nature of worldwide business, the manner in which we consider global supply chains and the online logistics landscape are progressively connected, remarked a prominent sector leader. International factors add to distribution concerns Earlier this year, supply chain managers were notably worried about geopolitical instability, including continuing tensions in various areas, along with trade policies that impacted global commerce. However, online attacks are now matching geopolitical shocks and trade disagreements as the main danger for organizations of global business groups. Survey indicates broad impact The study found that 29% of directors stated that organizations within their supply chains had been attacked by digital attacks in recent months. Significant automotive impact A notable automotive manufacturer experienced manufacturing stoppages and was found itself incapable to build automobiles for a full month, following a digital breach that required the business to turn off digital infrastructure across various international locations. The monetary effect of this 30-day production shutdown at the UK's biggest vehicle producer has been calculated at approximately 120 million pounds in foregone income, or one point seven billion pounds in missed sales, according to academic analysis from a corporate finance professor. Latest global cases In late September, a prominent Asian beverage company became the newest organization to be forced to halt manufacturing at its local plants following a cyber-attack. The corporation, which manages several industrial sites in Japan producing alcoholic beverages and additional items, reported that its order processing capabilities, along with distribution activities and customer service operations, had been interrupted following a technical failure resulting from the cyber-attack. Expanding connectivity creates vulnerabilities Organizations are increasingly assisted by external entities. No longer exist the era of thinking an company as an entity functioning in separation. Recent high-profile cyber-attacks have served as a strong reminder to businesses to invest in strong cybersecurity measures, to secure their own operations and preserve client faith, encouraging them to analyze how their distribution systems could become potential focus points for hackers.