Security and Risk Management in Supply Chains

The reduction of risk constitutes a pillar of success in business. A crucial concern in any business activity includes the variable of risk due to security threats in information systems. Risks increase as the business increases in success and profit. Risk Management becomes a crucial part of every successful business model to deal with uncertain and risky socio-economic changes. Security concerns are a major player in minimizing risk in businesses by protecting its intangible resources and knowledge. The emergence of supply chains which coordinate organizations, people, activities, information and resources, dramatically increases risk crises. Efforts have resulted in process reference models, such as the Supply Chain Operations Reference (SCOR) which measures total supply chain performance.