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Article | March 6, 2020
In 2019, threat actors began increasingly targeting third-party service providers including trusted partners and links in supply chains relied on by government agencies because they serve as a force multiplier in attacking organizations at scale. While the promise of less stringent security protocols was once the main draw toward third-party access, the 2019 CrowdStrike Services Cyber Front Lines Report found that threat actors also use this strategy to embolden the reach and tenacity of attack.
All businesses face risks, and your business is only as strong as the weakest link. A failure on the part of any supplier or other supply chain partner could result in cascading problems across your business, and supply chain. However, today’s supply chain technology can help manage vendor relationships, improve payment protocols, overcome geographic challenges, ensure continued success through information technology (IT) patches and provide the end-to-end visibility necessary to gain effective control over your supply chain risk management strategies. Let’s take a closer look at how supply chain technology aids in risk management.
The global pandemic has added an extra layer of complexity and disruption to the manufacturing supply chain. In response, manufacturers and shipping companies worldwide are shifting gears, re-evaluating their strategies and risk profiles, and scrambling to keep up production.Despite these efforts, the outbreak has already had a significant impact on production, and it's likely it will negatively impact the global economy throughout 2020, with even manufacturers that have no direct connection to China feeling the ripple effects.
With 2020 well underway, it’s a great time to pick a hot industry topic and subject it to a “state of the state” evaluation. And where better to start than Artificial Intelligence (AI) in the supply chain market? During this frothy, buzzword-laden phrase, we’ve seen a lot of shiny objects competing to exploit legitimate excitement around Artificial Intelligence, and in the process they may be creating confusion. Exhibit A: AI-powered yoga pants. Exhibit B: the realistic but totally fake human faces created by generative adversarial networks (GANs).
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