Technology Poses Biggest Threat to Supply Chains

Most 2012 supply-chain disruptions were from tech-related events, not weather.

While recent natural catastrophes have highlighted the risks weather poses to a company’s supply chain, technology failure and cyber attacks represent an even greater threat that many companies overlook, a new report says.

In its “Tomorrow Never Knows: Emerging Risks” report, Guy Carpenter says, “Few aspects of our personal or commercial lives are now technology free. And yet, most individuals and businesses only realize the extent of this dependency when they are negatively affected by a technology-driven or technology-dependent event.”

About the Author

Phil Gusman

Phil Gusman

Phil Gusman is a freelance journalist. Previously, he was managing editor of National Underwriter. Prior to joining National Underwriter in 2008, he was editor of Insurance Advocate. He has also served as associate editor of Crackdown!, an insurance-fraud publication, and as assistant editor of Empire State Report, which covers New York State politics. He graduated in 2002 from Plattsburgh State University in New York. Gusman may be reached at phil.gusman@gmail.com.

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