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Almost 30% of business executives have observed a noticeable surge in cyber-attacks targeting their logistics networks during the past six months, as recently reported security incidents on prominent businesses have emphasized this expanding risk to today's organizations.

Online security issues climb priority lists for purchasing directors

Online protection issues have moved up the ranking of priorities for purchasing directors at hundreds organizations internationally across diverse business fields including industrial, energy and technology, according to current industry research carried out in the ninth month.

High-profile security breaches result in significant economic damage

Latest security breaches at several well-known businesses have cost them tens of millions of money, shifting digital security from being mainly the responsibility of digital security units to becoming a primary priority for corporate boards and top executives.

The character of international commerce, the way we consider international logistics networks and the digital distribution framework are ever more connected,

commented a senior professional association head.

Geopolitical factors compound logistics anxieties

During previous months, purchasing directors were especially concerned about global conflicts, including continuing disputes in multiple regions, along with trade policies that affected global commerce.

Nonetheless, cyber threats are now matching geopolitical shocks and tariff disputes as the primary danger for participants of global business groups.

Survey reveals extensive consequences

The study revealed that 29% of directors indicated that organizations within their distribution systems had been targeted by cyber incidents in the past few months.

Significant vehicle production effects

A notable vehicle producer experienced manufacturing stoppages and was found itself incapable to build automobiles for an entire month, following a cyber-attack that compelled the company to shut down IT networks across multiple global facilities.

The monetary effect of this month-long manufacturing halt at Britain's largest vehicle producer has been estimated at approximately one hundred twenty million pounds in lost profits, or 1.7 billion pounds in foregone income, according to academic analysis from a corporate finance academic.

Latest worldwide examples

More recently, a well-known international drinks manufacturer became the latest organization to be required to stop production at its domestic factories following a digital breach.

The company, which operates several industrial sites in its home country producing alcoholic beverages and various goods, reported that its transaction handling functions, along with distribution activities and customer service functions, had been interrupted following a systems outage resulting from the cyber-attack.

Expanding interconnectedness produces weaknesses

Organizations are increasingly enabled by other organizations. No longer exist the days of thinking an business as an entity functioning in independence.

Latest major cyber-attacks have functioned as a important lesson to businesses to allocate resources to comprehensive online protection systems, to safeguard their business activities and retain consumer trust, encouraging them to examine how their distribution systems could become potential targets for hackers.