IT Outages Ranked as Most Debilitating Source of Supply Chain Disruption
Risk managers might be overlooking a critical threat: the impact of technology failures on supply chain general operations, according to a new report from Marsh risk Management Research, Cyber Risks Extend Beyond Data and Privacy Exposures.
Such outages and failures have the potential to cause significant loss of income, increase operating expenses, and damage an organization’s reputation and need to be properly managed, the report says.