Beyond the direct cost of the stolen goods, missing cargo can have far-reaching supply chain implications. Threats to your company’s cargo can vary by commodity type, region and even day of the week. Understanding your product’s susceptibility to theft and developing appropriate strategies to reduce it can help protect your cargo and your business.

U.S. freight crimes increase with a focus on consumable products and “soft target” regions to steal freight . . . 

Phishing attacks against companies have soared dramatically over the past 18 months, and losses have climbed into the billions, according to an FBI advisory issued this week.

FBI officials issued an alert this week that phishing attacks targeted at businesses worldwide have soared to a $3.1 billion scam in the past 18 months. A new technique employing data theft has been put into play since this latest tax season.

Specifically, the FBI focused on business email compromise (BEC) scams as the root cause of this increase. According to the bureau's June 14 alert . . . 

To all : Every major holiday the PCSC sends this alert message out to all of its members. Extended holiday weekends are documented, high-risk, periods for those that ship any type of goods – be they of high value or something of a lesser nature. All types of cargo thieves, whether organized or not, are very active during these periods because most of us are not - and we tend to relax much more than we should. All the major statistical entities that collect supply chain disruption data will tell you that theft activity (be it a burglary of a warehouse or theft of a transportation conveyance) can increase as much as 40% over non-holiday periods. All the more reason to prepare NOW, for the upcoming 4th of July weekend.

Supply chain disruptions including crime, terror threats, weather events and the migrant crisis added $56 billion to supply chain costs last year, according to the British Standards Institution (BSI). Cargo crimes cost the industry $22.6 billion, while the top five natural disasters cost a collective $33 billion. BSI notes that, for this year, "emerging health crises, such as the Zika virus, could also pose a significant threat to the global supply chain and may lead to work stoppages and protests similar to the supply chain disruptions seen in conjunction with the Ebola epidemic."