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Technology Poses Biggest Threat to Supply Chains

Most 2012 supply-chain disruptions were from tech-related events, not weather.

By Phil Gusman | Updated on September 17, 2013

While recent natural catastrophes have highlighted the risks weather poses to a company’s supply chain, technology failure and cyber attacks represent an even greater threat that many companies overlook, a new report says.

In its “Tomorrow Never Knows: Emerging Risks” report, Guy Carpenter says, “Few aspects of our personal or commercial lives are now technology free. And yet, most individuals and businesses only realize the extent of this dependency when they are negatively affected by a technology-driven or technology-dependent event.”

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