Cybersecurity Review in Logistics and Supply Chain Management
As the world continues to rely more and more on digital technologies, Cybersecurity is becoming increasingly important for Logistics and Supply Chain Management. Cyber attacks can have a significant impact on businesses in these industries, resulting in loss of revenue, reputational damage, and disruption to the flow of goods.
One of the challenges of cybersecurity in logistics and supply chain management is the complexity of the systems involved. These industries rely on a network of suppliers, partners, and service providers, which can create multiple entry points for cybercriminals.
For example, a cybercriminal could launch an attack on a third-party logistics provider, which could then spread to the company's systems. In addition, logistics and supply chain management systems often involve a mix of legacy and modern technologies, which can create vulnerabilities that cybercriminals can exploit.
98% of organisations surveyed have been negatively impacted by Cybersecurity breaches that occurred in their supply chain, up from 97% a year ago. Digital supply chains are mainly made of external vendors and supplier who have network access that could be compromised.
- 54% increase in ransomware incidents to 137 incidents
- 17% increase in phishing incidents to 55,000 incidents
- 320% increase in Malicious Command and Control Servers incidents to 3,300
Managed Security Services
TOFFS together with CSA has worked closely to protect Small and Medium Enterprises throughout the past few years by using the CSA's Cyber Essentials Framework. Through Asset-Based Cyber Defence "ABCD" Programme, together with their Managed Security Services "MSS" offerings, over 200 companies have been protected over a wider range of organisations through Network and Technology Infrastructure. This includes Critical Data & Servers, Endpoints, including Anti-Virus/Malware agents as well as understanding the User Behaviours and Analytics of key staff members within organisations.
1. Introduction to cybersecurity and data protection fundamentals
2. Understanding the risks and impacts of threats
3. Key cybersecurity challenges in the logistics industry with case studies
4. Strategies for protecting business continuity and adopting solutions
5. Overview of regulatory framework in Singapore
6. Review of Cyber Essentials Mark and Basic PDA Obligations
SLA members can benefit by understanding the compliance obligations where TOFFS can come in to provide consultation on how companies can scale their digital security posture while also protecting their data, without having to overhaul their processes or complete procedures.
Last but not least, each organisation has specific requirements and their organisational needs that require certain cybersecurity services. Thus, instead of having an all-encompassing offer, they are able to provide tailored solutions, so SLA members can be covered under their business continuity scenario while knowing they have a resilient cyber environment.