Proving the Business Case for the Internet of Things

CSCMP and TSC partner to tackle supply chain cyber attacks

Steve Rogerson
August 15, 2017
 
The Council of Supply Chain Management Professionals (CSCMP) has joined forces with risk assessment company TSC Advantage to address the increasing cyber-security risks to companies posed by the growing digitalisation and resulting third-party access to corporate assets.
 
As supply chain management changes, numerous regulators now require companies of all sizes to demonstrate third party cyber risk management through board and executive involvement, hiring a designated security officer, independent assessment of supply chain governance, and routine monitoring of vendor and supplier security.
 
"No organisation understands the challenges and emerging issues facing today's supply chain management professionals better than CSCMP," said Sean Doherty, president and founder of TSC Advantage. "We're very excited to partner with CSCMP to offer cyber-security education and a programme to support those who are making supply chain and vendor management part of their overall enterprise security programme."
 
CSCMP members can take part in a free pilot programme to use the TSC Advantage Secure Halo platform to assess the security posture of up to ten current or potential suppliers and vendors. The online platform and dashboard display views of cyber risk by individual suppliers or across a portfolio of companies. It shows security vulnerabilities by control and provides prioritised recommendations.
 
"Technology has introduced new and complex security risks that supply chain professionals must be aware of," said Chris Adderton, vice president of the Illinois-based CSCMP. “This partnership provides the opportunity to raise awareness and understanding around cyber risks, and we are excited to partner with TSC Advantage to offer education and solutions.”
 
For CSCMP members looking to kick-start cyber risk strategy discussions, they can also take the Secure Halo Express survey, which asks 11 questions about security across the enterprise, and provides a customised complimentary report based on responses.
 
Since 1963, the CSCMP has been a worldwide professional association dedicated to education, research and the advancement of the supply chain management profession. With more than 8500 members globally, representing business, government and academia from 65 countries, CSCMP members are practitioners and authorities in the fields of logistics and supply chain management.
 
Maryland, USA, based TSC Advantage provides enterprise risk assessments, cyber-security consulting and managed services. It provides an objective understanding of security posture to help companies prioritise resources, reduce third-party cyber risk and meet compliance challenges.