Cyber Security Threats in Supply Chain and its Solutions

Abstract

There is no denying of the fact that ICT has been helping organizations in improving their business processes. One such business process is that of supply chain management. Use of ICT in supply chains has been influential in increasing efficiencies, agility, flexibility, transparency and hence profits. However, this transparency is accompanied by several negative consequences- one of it being cyber security. Organisations usually have perimeter defense mindset but the most dangerous attacks come from within the system. This article discusses some of the cyber security threats that may originate from within the supply chain and then goes on to classify them on the risk impact vs. probability matrix. Lastly some solutions, based on the global best practices, have been given to counter-attack these threats