The European Forum for Risk and Insurance professionnals
Digitalization and extended supply chains are both complex risks. Put them together and they can open doors through even robust cyber security, as organizations have found to their cost. Effective risk management must ensure that digital connections to external parties do not create additional exposure to business interruption and data and security breaches.
As this session will show, it requires some multi-dimensional techniques. Businesses need to ensure that suppliers are handling data properly and securely. Speakers will describe how companies can analyses the impact of digitalization on the supply chain and the dependence between suppliers. What are the danger signals to look for if inter-dependencies are creating a potential cascade of losses? Finally, there is the question of how to quantify this risk and how much can be transferred.
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