đŸ”— Share this article Nearly a third of business leaders note rise in online breaches on logistics networks Almost 30% of corporate leaders have reported a noticeable surge in cyber-attacks targeting their distribution systems during the past six months, as high-profile cyber breaches on major corporations have underscored this increasing risk to contemporary enterprises. Online security issues climb concern rankings for purchasing directors Cybersecurity threats have advanced the list of worries for purchasing directors at multiple businesses worldwide across diverse sectors including industrial, power and technology, according to current professional survey carried out in early autumn. High-profile digital attacks result in considerable financial losses Current cyber attacks at multiple prominent companies have cost them substantial sums of money, shifting online protection from being primarily the focus of digital security units to becoming a major preoccupation for senior management and senior leaders. The nature of global trade, how we view global supply chains and the technological logistics landscape are progressively interconnected, remarked a senior industry executive. Global elements intensify logistics concerns During previous months, purchasing directors were notably anxious about international tensions, including continuing conflicts in various parts of the world, along with commercial regulations that weighed on global commerce. Nonetheless, cyber threats are now rivalling geopolitical shocks and trade disagreements as the main danger for organizations of global business groups. Research reveals extensive effect The survey revealed that almost one-third of directors indicated that organizations within their distribution systems had been targeted by digital attacks in previous months. Major automotive consequences One prominent vehicle producer experienced production shutdowns and was could not to build automobiles for an entire month, following a security incident that required the company to turn off IT networks across multiple international locations. The financial consequences of this four-week factory closure at the United Kingdom's primary vehicle producer has been calculated at approximately 120 million pounds in lost profits, or £1.7 billion in lost revenues, according to expert assessment from a corporate finance professor. Latest worldwide examples More recently, a major Japanese brewing group became the latest organization to be compelled to cease operations at its home country facilities following a digital breach. The company, which operates multiple industrial sites in its home country producing alcoholic beverages and other products, reported that its transaction handling functions, along with shipping operations and call center operations, had been halted following a technical failure resulting from the cyber-attack. Expanding integration produces weaknesses Organizations are more and more assisted by external entities. Have disappeared the era of thinking an organization as an entity functioning in separation. Recent prominent digital breaches have functioned as a strong reminder to companies to devote funding to robust digital defences, to safeguard their internal functions and preserve consumer trust, leading them to investigate how their logistics networks could become likely focus points for hackers.