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Cyber Supply Chain Risk Management | APICS Houston

Posted by [email protected] on Jun. 18, 2020  /  Subscribe 0

What is supply chain integrity?

Supply chain integrity refers to the safety and preventative measures in place to protect sensitive information of a supply chain. The implementation of necessary security practices can mitigate threats and maintain supply chain integrity for the sake of business continuity. Read on to learn how you can implement cyber supply chain risk management into your business.

What are the main risks facing a supply chain?

There are certain factors that can put your company at risk for a cyber attack. Having improperly vetted vendors, untrained staff with easy access to data, and the use of insecure storage applications such as a cloud service are all risk factors.

Additional supply chain resources

• Why Forecasting is Important in Supply Chain
• What Does a Supply Chain Manager Do?
• How To Start a Career In Logistics

What is a supply chain threat?

A threat can range from something as simple as losing social media access to hackers, to more serious threats such as a data breach. When working with multiple vendors, those vendors are trusting you with sensitive information that should be safeguarded. Luckily, there are ways to prevent a serious event such as a data breach with the right protocols in place. Read on to learn how your business can protect itself from cyber threats.

How do you write a supply chain risk management plan?

Partnering with a reputable law firm with experience in supply chain risk management is a good start in defending your business against cyber attacks. However, prevention is just as important as being prepared for possible aftermath and can save your company money in fees.

The 4-Step Plan For Security Professionals

1. Vet Your Vendors

It may seem simple, but overlooking crucial vetting protocols can result in a major data breach. Protect your company and your vendors by properly vetting who you choose to work with. You will want to know what security tools your vendors use, run security tests, and make sure they have cyber insurance.

2. Monitor Data Access

Limiting who has access to data and knowing exactly who has access can help identify where and how a breach occurs.

   3.Train Your Team

Knowledge is power, and having a team that is educated on the subject of proper ‘cyber hygiene’ is more likely to be prepared to prevent an attack. You may also offer resources for training for your vendors, as well.

4. Use Multiple Protection Layers

Using one component of cyber security is not enough for peace of mind. One way you can ensure security is to enable multi-factor authentication. When someone accesses data, they must go through multiple avenues before gaining access.

Learn about risk management and get certified

Acquire in-depth knowledge of Supply Chain processes, from cyber supply chain risk management to a bird’s eye view of the Supply Chain system with APICS. Knowing how every part of this system works together is crucial for success in this ever-growing field. Get ahead of the game with certifications that will set you apart and qualify you for important positions within this field. Get started with APICS today, and check out the class schedule to see when the next round of classes begin.

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