Digital transformation is broadening supply chains and increasing cybersecurity risks.
Anne Petterd, Partner at Baker McKenzie and panellist at CyberArk’s recent executive panel event discusses the importance of embedding cybersecurity protections across the entire supply chain in order to deliver a successful digital transformation agenda.
Petterd suggests that many businesses who are implementing innovation pilots consider cybersecurity a “side issue” rather than by design, and built into the digital transformation agenda.
“At the moment you can’t go to your factory in another country and get boots on the ground and check whether someone’s complying with modern slavery issues or sustainability requirements,” says Petterd.
“So what do you do? You put in more monitoring to address that compliance issue. But in doing that, there is the potential that maybe you’re opening up another risk with the cyber security.”
This article and video was produced as part of Which-50’s Digital Intelligent Unit, the company’s paid content arm.