supply chain risk management News

Hackers Target Airbus via Computer Systems of Suppliers, Contractors

Airbus SE said it has taken steps to shield itself from cyber attacks targeting the European aerospace and defense company through subcontractors’ computer systems. The maker of passenger planes and military jets is aware of cyber events and has detection …

Norsk Hydro Unit Begins Operating at 50% of Capacity After Cyber Attack

Norsk Hydro, one of the world’s largest aluminum producers, said a key unit is operating at only 50 percent of capacity following a cyber attack on the company this week. “Extruded Solutions is working hard to enable further restarts during …

Norsk Hydro Using Backup Servers to Restore Systems After Ransomware Attack

Norsk Hydro, one of the world’s largest aluminum producers, has made some progress restoring operations but is not yet back to normal after it was hit by a ransomware cyber attack, the company said on Wednesday. After the attack late …

Norsk Hydro Cyber Attack Exposes Risks of Global Supply Chain Disruptions

The ransomware attack crippling one of the world’s top aluminum makers is exposing how crucial sophisticated digital systems have become in the centuries-old industry of turning mined rock into metal products. Following a “severe” cyber-attack on Norsk Hydro ASA’s operations …

Canada’s OutsideIQ & SAP Ariba Partner to Assess Risk, Compliance

OutsideIQ, a Canadian startup which uses cognitive computing to analyze data, is partnering with the world’s largest business commerce network, SAP Ariba , to help corporations quickly screen vendors for risk and regulatory compliance, they said. Companies spend a significant …

Supply Chain Risks Underinsured in APAC: Zurich Insurance/BCI Survey

Six out of 10 organizations in Asia Pacific experienced at least one supply chain disruption in the past year, with one in four incidents costing more than US$1 million, according to a survey conducted by the Business Continuity Institute (BCI) …