The major supply chains in the US which includes both the fuel supply chain and the food supply chain has been affected by the growing cyberattacks. A ransomware attack the JBS last June 2, 2021 which resulted in the cancellation of the shifts across the US plants, this was reported by The Wall Street Journal. These event has spark some fears of a massive food shortage, and with just weeks after this event that strike in the US the operation in the Colonial Pipeline was halted.
Colonial Pipeline was shutdown due to the recent cyberattack and has returned the issue of cybersecurity to the forefront of logistics conversations, reported by CNBC. Working with technology will help protect the supply chain and could enable the partners to reduce the risk through layered protection strategies such as layered communication methods, segmented systems that can be isolated and addressed when a possible attack occurs, and expanded breadth of mode and carrier offerings to bypass potential disruptions.
Supply Chain Cybersecurity Risks Continue to Exist Around the Globe
The cyberattacks has been increasing in an alarming rate, these has become a common fact when the ransomware attack on Colonial Pipeline. And the need to expand remote work would increase the chances of many companies to be exposed to an attack. Here are some things that supply chain leaders need to know regarding the facts of cybersecurity attacks, as noted by Varonis.
Cybersecurity is critical to keep the information safe, secure and keeping the product flowing in the supply chain. Defending the flow of goods and keeping the economy moving is the goal of 3PL companies. The fear most company have on cybersecurity is that the applications used or operational machines might affect and stop the flow of goods, or food, or impact the flow of the economy or essential goods.
How the Colonial Pipeline Attack Will Affect the Supply Chain
A massive fuel shortage along the East Coast was mostly triggered by the cyberattack in Colonial Pipeline which resulted to an increase of fuel average cost at $3 per gallon. An increase of fuel surcharges was due to the shortage that made the truckload rates to increase. Finding a fuel stations with diesel is a challenge for some drivers. These affects the transportation of the orders to be delay and the risk for making a customer upset.
What Can Shippers Do to Mitigate Cyber Attacks
These are some steps to help shippers protect their assets from cyberattacks, including:
Enhancing the supply chain cybersecurity with the ight software and solutions vendors with high quality information security processes.
These are the most important individual layers of security and processes that will help to build more robust supply chain security, including:
Enhance Your Supply Chain Cybersecurity With the Right Software Vendors and High-Quality Information Security-Based Applications
Cybersecurity is the top concerns for companies of all sizes. Causes of most attacks were from a mistake and a human error whether its by clicking on a link. Planning and rethinking for strategies that would help reduce the risk from cyberattack by training employees to reduce the risk of human error and ensuring that there will be partners who will back you up by protecting your assets and customer assets with the proactive supply chain cybersecurity.
Article inspired from the Logisticsviewpoint
For more information please do contact us