The supply chain industry faces a broad range of threats. Whether these threats are cyber or physical, it’s critical to take them seriously. One of the best ways to combat these threats is by being aware of them. Read about these five security concerns the supply chain industry faces today for more information.

Inventory Theft

A significant threat to the supply chain is inventory theft by employees, particularly in distribution centers. The volume of goods moving in and out of the center is difficult to track precisely, thus leaving room for complex theft operations that involve employees and people outside the company. Often, the people resell the stolen goods for a profit.

Device Tampering

In the consumer electronic sector of the supply industry, device tampering is a significant security threat. Device tampering compromises important data and disrupts features on electronics. It’s challenging to detect the direct source of the tampering since the electronics go through different factories and centers.

Smuggling

The smuggling of legal and illegal goods is a serious risk to the supply chain industry. People can smuggle products such as counterfeit goods via international transportation methods. These transportation methods are supposed to transport legitimate goods, but people can sneak illegal items into vehicles. This directly impacts consumers and the distribution of legitimate products.

Mismanagement of Data Software

Supply chains rely on data software to store critical information. However, the mismanagement of data software can pose a significant security concern. Failure to manage the data can lead to IT risks, such as providing employees access to unauthorized data or leaving cloud storage services accessible to the public. Unlike other supply chain threats, managers can handle this situation by purchasing cybersecurity programs and receiving proper data training. Cybersecurity programs, such as the ones we provide, can help owners identify internal threats and develop security policies.

Trusting Third-Party Vendors

Relating to the mismanagement of data, many supply chains enlist the help of third-party vendors to protect their data. Some companies are reluctant to entrust critical information to an outside vendor because they will have access to all their data. Unfortunately, some scam third-party vendors can steal information and use it to their advantage. If a company decides to enlist a vendor’s service, it’s essential to make sure they’re reputable and reliable.

The supply chain industry deals with a range of threats, and it’s essential to be aware of them. We hope our list of five security concerns the supply chain industry faces today was helpful to you. If your company is interested in different safety trainings and certifications, such as construction safety compliance, you should contact Industrial Compliance and Safety. Our team of high-quality professionals will get you the safety certifications you need. If you want to learn more, contact us today!