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cybersecurity supply chain risk management
July 31, 2024
Supply Chain Now Guide: Protecting Supply Chains From Cyberattacks
In July, what is being called the “largest IT outage in history” grounded air cargo and travel and caused “substantial disruptions” to the networks of such supply chain giants as FedEx and UPS. While cybersecurity company CrowdStrike blamed the worldwide outage on a “software update” and not a cyberattack, the event illustrates the importance of taking measures to safeguard the supply chain systems we all rely on for the movement of goods and people. Cybersecurity is Paramount in Digital Supply Chain A Boston Consulting Group (BCG) report published in October 2023 said that “bad actors are using more sophisticated tools and techniques to exploit vulnerabilities in digital networks, and weak points can be difficult to detect. Companies with established cybersecurity capabilities are being compromised through less sophisticated third parties that are connected to their network.” Today’s Supply Chain Remains Vulnerable to Cyberattacks According to the Identity Theft Resource Center, the number of organizations targeted by supply chain cyberattacks skyrocketed by 2,600% between 2018 and 2023. Verizon’s 2024 Data Breach Investigations Report said there was a 68% year-over-year leap in the amount of “supply chain interconnection” involved in cyber breaches. Among high-profile cyberattacks affecting the supply chain: In December 2020, Forward…
execution
May 1, 2026
Execution Over Everything: What It Takes to Win in Modern Supply Chains
At MODEX 2026 in Atlanta, Scott Luton sat down with Tevon Taylor, Senior Vice President of Contract Logistics at Pegasus Logistics Group, for a candid conversation about what’s really driving success (and failure) in today’s supply chains. From tariffs and AI to warehouse inefficiencies and leadership mindset, Taylor’s perspective cuts through the noise with a simple truth: technology matters, but execution matters more. Disruption Is the New Normal If there’s one constant in 2026, it’s disruption. Tariffs, geopolitical uncertainty, and shifting trade lanes are no longer occasional challenges. They’re baked into the system. “You can’t stick to the old methods of running your supply chain. You must constantly find new ways to gain resilience,” Taylor explains. That resilience starts with flexibility. Companies that rely on rigid, linear networks are increasingly vulnerable. Instead, supply chain leaders must rethink how they design and operate their networks. Taylor emphasizes the need for multi-threaded strategies: nearshoring, domestic sourcing, and diversified transportation routes. In short, supply chains must evolve from static systems into adaptable ecosystems. AI Is More of a Requirement Than a Buzzword While some technologies come and go as industry cliches or flavor of the month, Taylor is clear that artificial…