Cybersecurity is a global issue impacting almost every industry. Staggeringly, it’s estimated that cybercrime cost the world $8 trillion in 2023 – a figure exceeding the annual GDP of every country barring the USA and China. In this episode of Supply Chain Now, sponsored by Microsoft, hosts Scott Luton and Kevin L. Jackson sit down with Allison Giddens, Co-President of Win-Tech, Inc., an aerospace manufacturer, to discuss the critical intersection between cybersecurity and manufacturing. Conversations begin with a focus on risk prioritization, with Giddens explaining the manufacturers need to start with the computers in their front office before worrying about the threats facing their connected equipment. “We’re telling manufacturers, hey, you need to know how to run a marathon and they don’t even know how to walk a 5K,” she states. Discussions then turn to the importance of multi-factor authentication, the need to balance investments in both people and technology, the criticality of understanding cyber even when outsourcing, the pros and cons of cloud migration, and much more.

The Buzz is Supply Chain Now’s regular Monday livestream, held at 12 noon ET each week. This show focuses on some of the leading stories from global supply chain and global business, always with special guests – the most important of which is the live audience! In this week’s episode of The Buzz, host Scott Luton introduces new Supply Chain co-host Kim Reuter to the show. Together they discuss: A delay in the $5B Rivian Plan in Georgia How consumer prices continue to rise The Taylor Swift economic impact Assessing supply chain risk at Zara Software that enables seafood tracing from catch to sale