A cyber attack or virus can bring an entire network of systems to a standstill in the blink of an eye, and it could mean that your supply chain comes to a complete, dead stop. In October, reports emerged that claimed covert microchips had been placed in the servers of Amazon computers – and the potential cost of a data breach that companies and customers suffer should tell you enough.
Here’s why cybersecurity is important to supply chain.
Why Cybersecurity is Important to Supply Chain
Your Reputation is at Risk
A cyber attack could expose the information of thousands of users, and it’s your crises response that’ll set you apart from other businesses. It matters how you handle it, and if you take too long to do something about it or your users are compromised and don’t feel safe on your website, then your reputation is at serious risk. Handle attacks quickly, and ensure that you have the right cybersecurity network to ensure they don’t happen in the first place.
Your Clients and Associates are at Risk
Most people assume that cybersecurity attacks would be about money, but this isn’t always the case; sometimes they’re after information instead. Many cyber attacks are focused on the information of your customers, users and suppliers – and this is information that you definitely don’t want compromised. Other times, cyber attacks might be after sensitive information stored on your company’s computers. Protect yourself against this early on.
Your Business Could Be Held Ransom
Some cybersecurity attacks are called ransomware – and this is software that literally holds your information (or the very personal information of your users) at ransom. They might demand money, though not always – and according to Statista, there were a record-breaking 638 million ransomware attacks in 2016, and while numbers are down in recent years, it doesn’t mean that companies should let their guard down – if you don’t have an adequate cybersecurity network, your entire supply chain is at risk of being shut down by something as simple as a bug in the system.
Christopher Morgan Fulfillment
Christopher Morgan Fulfillment has access to more than 600,000 square feet of professionally managed, secure, dry storage space, warehousing & distribution in Milwaukee and in all regions of the United States.
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