TECHNOLOGY
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Disruptions within supply chains are becoming more common ,” says Tim Mackey , Senior Principal Consultant at Synopsys CyRC . “ Suppliers at every level need to understand not only what the risk of attack they might bear is , but also how any disruption in their operations will impact their consumers . When it comes to cyber attacks , it is the attacker who defines the rules . They decide the timing and the nature of their efforts . If successful , they also define what type of disruptive activity they perform . Some might attempt a ransomware attack , others might attempt to modify plant operations or seek to download data . This requires a level of cyber awareness to become part of overall business operations and an increased level of transparency between partners .”
Paul Williams , Director of Highstream Solutions and Saryu Nayyar , CEO of Gurucul agree with Mackey that it is important for the supply chain industry to invest in data and data security to remain safe and competitive . “ One of the key benefits is real-time visibility of stock levels for firms ,” says Williams . “ Having data stored in the cloud means that it can be accessed from a single source , providing real-time visibility of stock levels . A strong cloud technology system , paired with a robust
MARCH 2020