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Think Tank
SC Security & Risk Mgmt: Page 352
Investing in Cybersecurity to Exceed $1Tr by 2021 - and Still May Not Keep Up with Threats
Worldwide spending on cybersecurity is predicted to top $1tr for the five-year period from 2017 to 2021, according to the Cybersecurity Market Report, published by Cybersecurity Ventures.
Risk Management for Supply Chain: Principles of Strategic Planning
Manufacturer Improves Visibility and Supplier Compliance with BSI's SCM Solution
Challenge: A large manufacturer was spending countless hours updating spreadsheets, reviewing supplier assessments, issuing corrective actions, and trying to track their suppliers' compliance, risk and performance ratings manually. They realized this manual approach wasn't sustainable as they continue to grow and vet additional suppliers. They began looking for a service provider that provided a single solution to help automate their assessment process, and improve their supply chain visibility.
Reflections on Port Safety for Dangerous Goods
The explosion at Tianjin Port last August should be seen as a spectacular example of why those operating throughout the global supply chains should examine their work practices and risk policies more thoroughly.
F.D.A. Warns Whole Foods on Failure to Address Food Safety Problems
Prepared foods are an increasingly important part of the grocery business, delivering fat margins at a time when sales of traditional packaged foods are lackluster. But the strategy also comes with serious risks.
Sales of Online Fraud Detection Solutions to Soar, Study Says
E-commerce merchants and financial institutions will be investing heavily in online fraud detection solutions over the next five years, with annual spending reaching $9.2bn by 2020, up by 30 percent on current levels.
The Compliance Map Launches Country-of-Origin Tracking Tool
The Compliance Map, a developer of environmental-compliance software, has launched the Compliance Map Origin Determination Module.
How Companies Are Tackling the Challenge of Risk Management
Administration Faulted on Tracing, Combating Fraud in Seafood Industry
The Obama Administration's proposed traceability rule to address seafood fraud in the United States does not increase transparency for the majority of the seafood sold in the U.S., and it should be expanded to include all seafood and extended through the full supply chain.
Investment Urged in Tracking Technologies to Protect Consumers From Food-borne Illnesses
One in six Americans get food-borne diseases each year with 3,000 of those cases resulting in death. Food and beverage retailers are strategizing to avoid such risks for consumers while keeping their profit margins intact. A report from IDC urges them to invest in tracking and other technologies.
Are Supply Chains Dropping the Ball on Risk Management?
Levels of risk in global supply chains continue to rise - even as companies' commitment to managing it goes in the opposite direction.
Merck Suffers Drug Supply Interruption Headache - Again
Merck & Co. is facing another supply interruption for its ovulation-stimulating hormone Follistim, and like the supply lapse from several years ago, Merck has little to say.
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