Memo to Supply Managers: Cyber-attacks Will Happen, So Protect Customers' Information

Suppliers throughout an organization's supply chain possess various forms of sensitive data, such as customer information, and corporate proprietary information, such as trade secrets.

Privacy and IT security experts advise companies and their supply management organizations that they should never consider themselves "shielded" from cyber-attacks and data loss. Instead, the best offense is a solid defense - assume your company will suffer a cyber-security breach of some type. Preparation is critical, followed by quick but careful actions that address certain important legal and business considerations. Every organization should consult its own IT group, legal advisers and public relations team for specific guidance.

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Keywords: Supply Chain Security & Risk Mgmt, Supply Chain Analysis & Consulting, Global Supply Chain Management, Security Breach, Data Breach, Customer Data