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Are You Ready For Cyber-Crime? Probably Not!

By Art van Bodegraven | 03/02/2018 | 11:07 AM

Please enjoy the thoughts and musings of our friend, supporter, and long-time contributor Art van Bodegraven Jr., who passed away on June 18, 2017. Art was a prolific writer and had amassed a collection of unpublished blog posts he had planned to run well into the future. To honor his memory, we will continue to post these remaining blogs as he had intended. If you’ve been a fan of The Art of Art blog, check out our tribute.

 

We tend to think of cyber-crime as white-collar fraud.  Fake IRS returns, imaginary credit cards, creative accounts, check fraud involving friends and neighbors, churches and service organizations.

But, businesses need to do more, to protect against risk.  Malicious marketing campaigns; disruptions caused by privacy breaches and botnets.  Customer data and trade secrets are at risk.

And, as IoT devices proliferate, the related vulnerabilities grow exponentially, especially as the mini-technology gets integrated farther back in the chain.

Recognize that many industries have been affected by cyber-crime.  Steal shamelessly from their techniques, and help manage risk through the experience of others.

Basically, your responsibility is to take a measured risk-based approach.  Are you vulnerable to attack, or worse?  Is your intellectual property safe?  Is it in the hands of the Indians or Chinese, both notorious for the theft of ideas?

Be constantly vigilant.  Is AI a vulnerability, and a risk for threats in an interconnected supply chain?

Be prepared; be resilient.  Know how long recovery might take, and who has the resources to remediate?

Boy Scout time; be prepared.  And, be on top of your game.  Your customer base is at stake, as is its integrity.

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About Art van Bodegraven

Art van Bodegraven

Art van Bodegraven (1939 - 2017) was Managing Principal of the van Bodegraven Associates consultancy and Founding Principal of Discovery Executive Services, which develops and delivers supply chain educational programs. He was formerly Chair of the Supply Chain Group AG, Partner at The Progress Group LLC, Development Executive at CSCMP, Practice Leader with S4 Consulting, and a Managing Director in Coopers & Lybrand's consulting practice. Concentrating in supply chain management and logistics for over 20 years in his 50+ year business career, he has led ground-breaking strategic, operational, and educational projects for leading US and global clients. Art was principal co-author of DC Velocity's Basic Training monthly column for a decade, and was the principal co-author, with Ken Ackerman, of Fundamentals of Supply Chain Management, the definitive primer in the field. His popular blog, The Art of Art, has been a staple of DC Velocity's web site since its inception.



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