Q. THE ASAHI GROUP ATTACK HIGHLIGHTS GROWING PRESSURE ON SUPPLY CHAINS. WHAT LESSONS CAN GLOBAL ORGANISATIONS LEARN FROM JAPAN’ S EFFORTS TO ENHANCE CYBER RESILIENCE AND SUPPLIER RISK MANAGEMENT?
» A ransomware attack can cause massive disruptions to business operations, triggered by the encryption of essential data and files, as well as network shutdowns implemented to prevent the spread of infection. These disruptions can ripple through the supply chain, potentially affecting a wide range of industrial sectors and organisations in a domino effect.
As Japanese companies are increasingly expanding their businesses globally, multiple firms have reported their overseas subsidiaries being hit by ransomware attacks in the United States, Vietnam, Thailand, Singapore and Taiwan. To manage supply chain risks and ensure business continuity, it is becoming more crucial than ever to ensure global governance in cybersecurity and keep proper data backups, the principle of least privilege and network segmentation.
Surprisingly, Japan is the country where ransomware infection ratio is lowest amongst 15 major countries such as the United States, the United Kingdom, France and Germany.
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