Global supply chain vulnerabilities to rise: report

A combination of attacks by pirates, terrorists and computer hackers will increasingly hit global supply chains over the next 20 years, a new report has warned.

The Transport & Logistics’ 2030 series: Securing the supply chain report, from PricewaterhouseCoopers, warns that cyber attacks are now so sophisticated that any business could be at risk.  

Egypt, for example, already loses more than $640 million each year because shipping companies are avoiding the passage through the piracy-threatened Gulf of Aden and the Suez Canal.

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