Security Enhancement of Third Parties Is Needed in Global Supply Chain Management

Abstract

Abstract Incident reports show the high risk of losing trust in global supply chain management. Under the covid-19 pandemic, cloud-based global supply chains have been vulnerable to malicious attacks. The goal of this paper is to show the high risk caused by third-party access in the current global supply chains and how to mitigate it. Based on the incident reports, global supply chain leaders are unaware of the risks of third-party access. The current global supply chains must be transformed into robust and resilient systems against malicious attacks. This paper shows methods on how to mitigate the high-security risk. HIGHLIGHTS Incident reports show the high risk of losing trust in global supply chain management against malicious attacks. The high risk caused by third-party access in the current global supply chains will be illustrated. Global supply chain leaders are unaware of the risks of third-party access. The global supply chains must be transformed into robust systems. This paper shows methods on how to mitigate the high-security risk in third-party logistics. The lower the risk, the lower the chance of losing trust. The more a leader is aware of the high risks, the less likely he or she is to lose trust.