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SC Security & Risk Mgmt: Page 365

E-commerce Increases Risk of Counterfeits in Pharmaceutical Supply Chain

In 2011, batches of a cancer medication called Avastin, on their way to U.S. doctors from Canada, were found to contain no active ingredients. They were counterfeit - a rarity on U.S. soil. While no patient ever received the drugs, the fact that a potentially life-threatening counterfeit was able to make it to the U.S. shocked the pharmaceutical industry. It pointed to a growing trend - triggered by the rise of e-commerce and globalization - reaching the United States.

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Could Flaws in IoT Lead to Fatalities?

You're probably getting desensitized by now to the ever-lengthening list of data breach headlines which have saturated the news for the past couple of years. Targeted attacks, persistent threats and the like usually end up with the hackers capturing sensitive IP, customer information or trade secrets. The result? Economic damage, board level sackings and a heap of bad publicity for the breached organization. But that's usually where it ends.

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Theft of Heavy Equipment Up 1 Percent in 2014

In 2014, a total of 11,625 heavy equipment thefts were reported to law enforcement - an increase of 1.2 percent from the 11,486 reported in 2013, according to a report from the National Insurance Crime Bureau and the National Equipment Register.

Did VW Puncture Credibility of Other Automakers' Diesel Technology?

The Volkswagen emissions cheating scandal has tanked the company's stock price, ousted its top executive and could ultimately cost the world's top automaker tens of billions of dollars. It may also destroy the credibility of diesel technology from all automakers.

Mars Opens Food Safety Research Center in China

Food producer Mars Inc. has opened a Global Food Safety Center, which it says is a first-of-its-kind facility for pre-competitive research and training that aims to raise global food safety standards through collaboration.

Predicting Trade Trends: Why We Get It Wrong

Is it possible that the world is moving too fast for economics experts to keep up?

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El Niño: A Test of Supply-Chain Resilience

Many companies claim to have effective programs in place for dealing with supply-chain disruptions. Now they have a chance to prove it.

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How to Stop Longshore Labor From Paralyzing U.S. Ports

U.S. West Coast ports are being "held hostage" by longshore labor. So says one noted economist.

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Get Your Head Out of the Clouds: Debunking Cloud Computing Myths

A thing of mystery to some and a place of utmost security to others, cloud computing and "the cloud" have entered our lexicon as something to be either feared or revered.

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Rough Seas Predicted for Offshore Energy Insurance Market

Speaking at this year's International Union of Marine Insurance conference in Berlin, Simon Williams, chairman of IUMI's offshore energy committee, reported continuous growth in the sector with 2015 capacity reaching around $7bn, although he cautioned that $5.5bn was more realistic.

The Plague of Cybercrime: Is There Any Hope?

This is a "watershed year" for cybercrime, according to a new survey on the topic. Yet many companies are falling short in their efforts to battle it.

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Marine Cargo Insurance Market Rocked by Large Losses, Especially Tianjin

Large cargo losses are having a significant impact on the marine insurance sector, says Nick Derrick, chairman of International Union of Marine Insurance's cargo committee. He spoke in Berlin, at IUMI's annual conference.

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