Search Company:
BSI Report highlights exposure and risk
WORLDWIDE – According to a report from the British Standards Institution (BSI) Group, cargo theft in the Americas hit a new high in 2016, while continued risks of terrorism threatens Europe and a rise in continuity concerns surfaces in Asia. BSI's Global Supply Chain Intelligence Report provides an overview of the top supply chain threats and trends by region to help organisations increase their visibility and understanding of potential exposures within the supply chain.
In 2016 global supply chains continued to face a range of security, social responsibility, and business continuity risks, with many of these issues provoked by one another. BSI noted multiple incidents that started out as a security, social responsibility, or a business continuity risk that cascaded into other supply chain issues. The European migrant crisis is perhaps the best example of a type of event that began as a single security risk, before building into a business continuity disruption as countries imposed border controls, which in turn was exacerbated by blocked migrants looking for work, often falling victim to forced labour in certain nations.
As risks, such as the migrant crisis, continue to evolve, the BSI groups says that it’s imperative that organisations work together to take a holistic risk management approach to ensure they are informed and prepared to address multiple areas of concern. Read more
Source: HANDY SHIPPING GUIDE
