The TT Club has warned that complacency concerning thorough risk assessment and mitigation programmes by international supply chain companies, where the customer and supplier relationship is historically more secure, could leave them vulnerable to cyber-attacks.
In its latest ‘Talk’ the Club highlights the need to re-define and re-calibrate what is commonly termed as ‘cyber risk’, stating that the international supply chain is not immune.
The organisation points out that the Internet, first created at the dawn of containerisation, has developed to enable efficient and timely cross-border transactions almost entirely reliant on electronic communications.
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