The FDA has launched a new pilot project to inform the development of a new electronic, interoperable track-and-trace system, anticipated for 2023, as part of the Drug Supply Chain Security Act (DSCSA).
A bipartisan bill has been introduced that would create an Office of Critical Technologies & Security in the White House, which would be charged with "coordinating across agencies and developing a long-term, whole-of-government strategy to protect against IP theft and risks to critical supply chains."
The American Association of Port Authorities (AAPA) has identified nearly $4 billion in "crucial" port and supply chain security needs over the next decade, according to a new report.
When NIST recently updated its Cybersecurity Framework, it added only one new core category: Supply Chain Risk Management (SCRM). Placed within the Framework’s “Identify” function, SCRM encompasses, but typically extends beyond, traditional vendor management approaches. That’s because the supply chain typically extends beyond suppliers to include other external parties, such as integrators and even third-party communications providers.
Here are some of the “front of mind” issues that senior security executives and the vendor ecosystem (consultants, integrators and technology providers) are wrestling with.
IT and telecommunications outages; cyber attacks; and loss of skilled employees are the top three causes of supply chain disruption, according to the Business Continuity Institute (BCI)’s ninth annual Supply Chain Resilience Report.
Counterfeit products make up five to seven percent of world trade, and have cost an estimated 2.5 million jobs worldwide, with 750,000 jobs lost in the U.S. alone. It’s an issue that Brad Minnis, Senior Director, Corporate Safety and Security for Juniper Networks, spends much time and effort to mitigate.
