đ Share this article Nearly one-third of corporate bosses note surge in digital threats on supply chains Roughly 30% of corporate leaders have observed a marked rise in digital intrusions targeting their supply chains during the previous half-year, as recent digital attacks on major corporations have underscored this expanding risk to modern businesses. Digital risks move up worry scales for purchasing directors Cybersecurity threats have moved up the list of priorities for procurement managers at multiple businesses worldwide across various industries including manufacturing, power and technology, according to current professional survey performed in September. Prominent digital attacks result in considerable economic damage Current digital intrusions at various well-known companies have resulted in losses of tens of millions of pounds, transitioning cyber resilience from being mostly the responsibility of IT departments to becoming a significant preoccupation for executive leadership and senior leaders. The character of global trade, the way we consider global supply chains and the digital supply environment are progressively interconnected, commented a prominent sector leader. International considerations intensify distribution worries In the first half, purchasing directors were notably concerned about global conflicts, including ongoing disputes in various areas, along with trade policies that impacted global commerce. Nonetheless, online attacks are now matching geopolitical shocks and commercial conflicts as the main threat for participants of worldwide commercial organizations. Research shows broad impact The survey revealed that almost one-third of directors reported that companies within their logistics networks had been targeted by cyber incidents in previous months. Significant automotive effects One prominent vehicle producer experienced factory closures and was could not to build automobiles for a full month, following a digital breach that compelled the business to disable computer systems across various international locations. The financial consequences of this month-long production shutdown at Britain's largest vehicle producer has been estimated at approximately 120 million pounds in lost profits, or ÂŁ1.7 billion in missed sales, according to university research from a commercial economics academic. Recent worldwide incidents During the autumn, a major Japanese brewing group became the most recent corporation to be compelled to cease operations at its domestic factories following a security incident. The company, which maintains several manufacturing plants in the Asian nation producing alcoholic beverages and other products, stated that its sales management systems, along with delivery systems and call center services, had been interrupted following a network disruption resulting from the security breach. Increasing connectivity generates vulnerabilities Businesses are increasingly assisted by external entities. No longer exist the times of considering an organization as an entity working in independence. Latest major digital breaches have acted as a strong reminder to companies to devote funding to robust online protection systems, to safeguard their own operations and preserve customer confidence, leading them to analyze how their supply chains could become likely focus points for digital attackers.