Cyber Risk impact Assessment - Assessing the Risk from the IoT to the Digital Economy

Radanliev, Petar; Roure, David De; Nurse, Jason R. C.; Nicolescu, Răzvan; Huth, Michael; Cannady, Stacy; Montalvo, Rafael Mantilla

doi:10.20944/preprints201903.0109.v2

Cited by 16 publications

(15 citation statements)

References 23 publications

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“…Unfortunately collaboration is often focused on enterprise profitability and not supply chain profitability [4], [5], [7], [17], leading to a focus on local optimization [8], [17], [18]. It is only when companies involved in the supply chain recognize the need to utilize the benefits of the supply chain for its own needs, can these companies be considered to have taken a systemic strategic supply chain focus [8][9][10], [17][18][19][20][21][22][23][24][25]. The supply chain 'effectiveness' is only achieved by synchronizing its processes and operations both internally and externally and jointly planning the execution to achieve an optimal supply chain performance for a common goal [17].…”

Section: Theory and Literature Reviewmentioning

confidence: 99%

“…Future research challenge emerging from these findings, is to design a conceptual framework for holistic supply chain formulation that would anticipate the effect of external dimensions to the business and supply chain strategies. Continuation of this research is in preparation and the aim is to publish these updates regularly 1,2,[11][12][13][14][15][16][17][18][19][20]3,[21][22][23][24][25][26][27][4][5][6][7][8][9][10] .…”

Section: Conclusion and Further Workmentioning

confidence: 99%

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Green-field Architecture for Sustainable Supply Chain Strategy Formulation

Radanliev¹

2019

Preprint

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The focus of this paper is on supply chain strategy formulation. A conceptual theory approach is used for investigating and identifying the relationship between multiple elements, dimensions, forces and factors that influence and affect the supply chain strategy formulation in Greenfield context, specific to the slate mining industry. The research study involved secondary data review and series of 20 qualitative interviews, followed by 2 group discussions, one with mining and transportation experts external to the supply chain and one group discussion with supply chain internal experts. Through critical analysis, a number of problems emerge and the process of addressing these problems, results in a new framework for evaluating the relationship between business and supply chain strategy, specific to Greenfield project and integration design context.

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Section: Theory and Literature Reviewmentioning

confidence: 99%

Section: Conclusion and Further Workmentioning

confidence: 99%

Green-field Architecture for Sustainable Supply Chain Strategy Formulation

Radanliev¹

2019

Preprint

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“…This requires an understanding of the digital economy network and the new cyber-financial risk elements also need to be quantified, such as intellectual property of digital information [13]. Cyber risk covers more elements than information security financial cost [6], [7], [17], [20]- [24], such as the intellectual property of digital assets [25]. Since there is no database and nobody has collected data until present to perform cyber-financial risk assessment of cyber risk from new technologies, the objective of this paper is to define the data collection parameters.…”

Section: Economic Impact On the Digital Economy From New Technologiesmentioning

confidence: 99%

New Developments in Cyber Physical Systems, the Internet of Things and the Digital Economy – Discussion on Future Developments in the Industrial Internet of Things and Industry 4.0

Radanliev¹,

Roure²,

Nurse³

et al. 2019

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The world is currently experiencing the fourth industrial revolution driven by the newest wave of digitisation in the manufacturing sector. The term Industry 4.0 (I4.0) represents at the same time: a paradigm shift in industrial production, a generic designation for sets of strategic initiatives to boost national industries, a technical term to relate to new emerging business assets, processes and services, and a brand to mark a very particular historical and social period. I4.0 is also referred to as Industrie 4.0 the New Industrial France, the Industrial Internet, the Fourth Industrial Revolution and the digital economy. These terms are used interchangeably in this text. The aim of this article is to discuss major developments in this space in relation to the integration of new developments of IoT and cyber physical systems in the digital economy, to better understand cyber risks and economic value and risk impact. The objective of the paper is to map the current evolution and its associated cyber risks for the digital economy sector and to discuss the future developments in the Industrial Internet of Things and Industry 4.0.

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“…The technical challenges for SME's integrating modern technological concepts, such as the I4.0 mostly evolve around the design challenges and the potential economic impact (loss) from cyber-attacks [19]- [27]. The integration of such technologies in supply chains creates cyber security risk, for example from integrating less secured systems [28].…”

Section: How Sme's Can Integrate Modern Technological Concepts Into Tmentioning

confidence: 99%

Supply Chain Design for the Industrial Internet of Things and the Industry 4.0

Radanliev¹,

Roure²,

Nurse³

et al. 2019

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Digital technologies have changed the way supply chain operations are structured. In this article, we develop design principles to show determining factors for an Internet-of-Things approach within Supply Chain Management. From the design principles, the article derives a new model for the Industrial Internet of Things supply chains. The focus is on Small and Medium Enterprises (SMEs). This research design results in a new process of compounding knowledge from existing supply chain models and adapting the cumulative findings to the concept of supply chains in the Industrial Internet of Things. The paper outlines the design principles for developing cognition in the process of integrating SME’s digital supply chains in the Industrial Internet of Things (IIoT) and the Industry 4.0 (I4.0).

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Cyber Risk impact Assessment - Assessing the Risk from the IoT to the Digital Economy

Cited by 16 publications

References 23 publications

Green-field Architecture for Sustainable Supply Chain Strategy Formulation

Green-field Architecture for Sustainable Supply Chain Strategy Formulation

New Developments in Cyber Physical Systems, the Internet of Things and the Digital Economy – Discussion on Future Developments in the Industrial Internet of Things and Industry 4.0

Supply Chain Design for the Industrial Internet of Things and the Industry 4.0

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