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SC Security & Risk Mgmt: Page 377

Number of Shipping Losses Drops by Half Over Past Decade

Shipping losses worldwide have declined by 50 percent over the past decade, but 75 ships were lost in 2014, according to a recent study.

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As Politicians Craft Social-Issue Legislation, Corporate Pressure Can Pose Hurdle

Corporate America usually hasn't viewed hot-button social issues as any of its business. Then came Indiana. The controversy over the state's religious rights measure signed into law recently has been striking for the parade of well-known businesses that not only joined in the opposition to the law but took the lead in voicing their disapproval.

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Chief Financial Officer Should Be Part of Defense Against Cyberattacks

Senior executives at businesses of all sizes understand all too well that today's global economy is still not adequately protected against cyberattacks, despite years of effort and spending in the multibillion-dollar range each year. But until recently, many CFOs may not have been considered an integral part of an organization's security team or understood how to respond to security risks and the implications for their organizations. But times have changed and many CFOs are being called upon to help promote cyber security and identify threats.

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Cargo Theft's Unexpected Ripple Effects

Drop a pebble into a fishpond and it creates a tiny ripple. What starts as a local event instantly surges outward, causing a ring of disturbance that grows as it travels across the water. Beneath the surface, the goldfish scatter as a mallard above beats a rapid retreat. And for those who may be dozing on the shoreline, a chain of events has begun that forces change in every direction.

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Fighting in Yemen Threatens Highly Important Sea Lanes Used for Oil Transportation

Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab el-Mandeb passage through which nearly four million barrels of oil are shipped daily to Europe, the United States and Asia.

The Future of Fuels for Commercial Transport

With the current boom in U.S. oil and natural gas production, it might be tempting to put aside the notion of shifting to more sustainable fuels for commercial transport. Why venture into this unknown area when traditional supplies are so plentiful?

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Lessons From an Apple Supplier Debacle

Apple is known for consistently maintaining a smooth-running global supply chain. But every once in a while, something blows up.

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UPS Extends Special Commodities Program to 20 Destinations

UPS has expanded its International Special Commodities (ISC) program with the addition of 20 destinations.

For Third of Manufacturers, Disruption to Supply Chain Is of Huge Concern

A third (35 percent) of businesses in the manufacturing industry are extremely concerned about potential supply chain disruption, according to research released by BSI, the business standards company and the Business Continuity Institute (BCI).

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Supply Chain Risk Awareness, Assessment & Benchmarking

Analyst Insight: In 2010, as we began to offer a supply chain risk management class at Lehigh, our body of knowledge continued to expand and migrated into a very effective methodology to review, evaluate and benchmark a company's end-to-end supply chain maturity and inherent risk. The methodology encompassed 100 questions-of-discovery across 10 tenets of the supply chain resulting in a Red, Yellow & Green "spider diagram" profile of a company's supply chain maturity and inherent risk. – Gregory L. Schlegel, Founder, The Supply Chain Risk Management Consortium, and Adjunct Professor, Supply Chain Risk Management, Lehigh University

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This Is the Year for Predictive Risk Quantification to Emerge in Supply Chain Management

In the late 1680s, a group of ship owners, merchants and ships' captains - in essence, the supply chain managers of the day - transformed global commerce by "inventing" business insurance. In 2015, the insurance industry will return the favor by supporting supply chain innovation through sharing the tools that insurers have depended on to predict and quantify risk. How and why (now) will that happen? And what do supply chain stakeholders need to do?

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By Comparison to Other Types of Companies, Retailers Fall Short on Cybersecurity Investment

Seeing what is happening to their customers and feeling the heat from possible threats, technology companies are increasing spending on security for their own systems, according to a survey of chief financial officers. Meanwhile, incentives to spend big on security are still in short supply for retailers and other private companies.

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