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Published: 2017-11-09

IT thievery spawns. Increased risk of cyber theft in the supply chain, by Peregrine Storrs-Fox, TT Club’s Risk Management Director

IT thievery spawns. Increased risk of cyber theft in the supply chain, by Peregrine Storrs-Fox, TT Club’s Risk Management Director

Whilst technological advances undoubtedly provide greater operational efficiencies and opportunities for carriers and operators to mitigate their exposure to theft and fraud, unfortunately they equally benefit organised crime.

As invasive cyber-technology becomes more widely available, the TT Club suggests that what has been observed in recent months could be a significant emerging risk to legitimate trade, exposing the operators in the supply chain to economic and commercial damage. 

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