March 19, 2019

Cyber Threats Loom Large

Jon Bovit

Download the full 2018 annual report here

Cyber attacks continued to grow in intensity in 2018, with alarming new trends evident. First, government agencies are now being attacked more frequently. The March 2018 attack on computers and networks in Atlanta—a major national transportation hub—was the largest successful ransomware cyber attack on a U.S. city. In the private sector, aerospace, hi-tech, life sciences, metals, mining and natural resources companies experienced cyber attacks in 2018. The medical device segment in particular was recognized as an industry in which cyber attacks on manufacturers could pose threats to patients. After cybersecurity vulnerabilities were identified in the Internet connections used by Medtronic to update software in cardiac implantable electrophysiology devices (CIEDs), the company issued a voluntary recall in collaboration with Food and Drug Administration. Following this event the Healthcare Sector Coordinating Council, a joint group on security issues between industry and government, published a joint security plan addressing the challenges faced by medical devices. Similarly, a computer virus attack at Taiwan Semiconductor Manufacturing Company (TSMC) was caused due to a failure in following proper operating procedures for virus scanning.

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March 18, 2019

Top 5 Event Types by Region

Shahzaib Khan

 

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March 18, 2019

EventWatch 2018 Impact Events

Shahzaib Khan

 

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March 14, 2019

Healthcare Transparency Initiative (HTI)

Graeme Dykes

 

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March 11, 2019

Most significant Events

Shahzaib Khan

 

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March 11, 2019

EventWatch 2018 Bulletins

Shahzaib Khan

 

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July 14, 2015

Update: The Potential Impact of El Niño on Industry Supply Chains

Charlotte Hicks

In January, Resilinc reported on the potential El Niño and its impacts on the global supply chain. In the last few months, we’ve started to see weather reports, possibly El Niño related events, that can have significant impacts to industry supply chains such as electronics and life sciences. As you will see, impacts in one industry can impact industries not typically viewed as related or interdependent. Below is an analysis of potential supply chain impacts to electronics, automotive, and life sciences industries, as well as upstream mining and agriculture industries.

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December 12, 2014

Supply Chain Risks in the Winter

Charlotte Hicks

Watching the news recently, I heard the weatherman say that the first major blizzard of the season dumped a year’s worth of snow on the Buffalo area alone. Then, the Thanksgiving nor’easter brought a sloppy mess of rain and snow to several parts of the U.S.

Images of the supply chain disruptions from last February and March popped to mind. During that "Snowmageddon," icy roads and damaged railways caused transportation delays, and we saw shortages for some materials that double as deicers.

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November 07, 2014

Supply Chain Planning & Visibility for Apple Watch Team

Dipti Gupta

“Being proactive is not a mysterious quality that we have, or don’t have. It is a way of dealing with things that we can develop and strengthen.”

--Unknown

There was a recent news article about Apple delaying the release of their new Apple Watch from November 2014 to the Spring of 2015. The Chapter 11 bankruptcy filing of GT Advanced Technologies, a supplier to Apple of scratch-resistant sapphire goods, appears to have caught Apple by surprise potentially causing this delay. Obviously this push means a huge loss to Apple, especially since it was targeting its launch to coincide with  the holiday shopping season. Apart from the direct impact to Apple watch deliveries, this also means that Apple will now have to abort their plans to replace the gorilla glass with sapphire in their upcoming iPhones.

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October 09, 2014

Ebola Outbreak Poses Supply Chain Risks with Some Commodities

Charlotte Hicks

The current Ebola outbreak is becoming more than just a worldwide emergency health issue. It is becoming a supply chain concern. While our thoughts are with those impacted by the awful disease, the potential supply chain risk is also creeping into the minds of business leaders.  

Resilinc’s monitoring shows some signs of a ripple effect on supply chain sourcing, pricing and availability of key raw materials. These events, indicated by an increasing number of news reports, raise flags about the impact the disease has on mining activities (particularly with alumina, iron ore and gold), palm oil and palm kernel oil supplies, and potential crude oil disruptions.

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