If supply chain architecture in the cloud is not properly designed, a flaw in one client's application would not only allow hackers to access their information, but other client's information as well.
Before the days of cloud-computing, organizations used on premise servers or even file cabinets to store their information. Now, many Cloud Service Providers (CSP) rely on third-party platforms to house and protect their information. With the need to store vast amounts of data, it's cheaper for companies to rent time on servers provided by these platforms. However, if this architecture is not properly designed, a flaw in one client's application would not only allow hackers to access their information, but other client's information as well.
The complex nature of the supply chain and procurement network in an era booming with digital data means a barrage of processes and systems to manage at all times. For CSPs handling important client information, whether it's contracts, financial records, or applications, they need to be confident that this information is safe and secure from hackers' prying eyes.
If credentials, passwords or personal data fall into the wrong hands, attackers can eavesdrop on your activities and transactions, manipulate data, steal inventory, or redirect clients to illegitimate websites. Hackers can even hijack accounts or websites and hold the owner ransom.
These kinds of incidents prompt questions of how supply chain professionals can ensure their data is safe. Several variables come into play: If data is stored electronically on an internal server, does network infrastructure provide a tiered level of security? Does IT staff properly encrypt the information, train staff on anti-phishing techniques, or conducted frequent security and vulnerability audits?
Furthermore, to protect an organization's supply chain, the right policies and procedures must exist internally to ensure the right employees have access to sensitive data and that a full audit trail of every action taken is available. All of these, and more, should be the responsibilities of the organization running the internal IT operations.
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