Data Security And Why It Matters In The Logistics Industry
Digital transformation and automation have proven to be a boon in the transport and warehouse industry.
But there are growing concerns over data security globally and this sector isn’t immune from being a target for cybercrime.
See the challenges that confronted Toll and Containerchain last year when they were subject to ransomware attacks.
When a business purchases and implements transport or warehouse software, they are entrusting it with an awful amount of data.
The existence of many stakeholders and third party vendors in the logistics chain means security must be a major priority for software providers in this industry.
That’s because address details, personal information, financial data and sensitive proprietary business intelligence can all be stored in the software. The sheer amount of data contained in a standard 3PL warehouse or transport company’s software makes it a candidate for a cyberattack.
If data security is compromised, it can have an immense impact on your business.
Physically it can take your business offline for days or even weeks until the breach is fixed, which would hit cashflow.
A data breach can seriously harm your relationship with customers, undermining their faith and potentially causing them to take their business to one of your competitors.
And massive costs can be incurred finding out how the breach happened and implementing measures to prevent it from happening again.
As digitisation and automation continues to transform the transport and logistics industry, security tools and technologies have to keep pace.
How CartonCloud Keeps Customer Data Secure and Safe
CartonCloud is continually developing strategies and measures to combat cyber risks and keep data safe.
This allows our customers to get on and do what they do best without the threat of data breaches.
All communication with the CartonCloud system is SSL encrypted to prevent eavesdropping.
SSL stands for Secure Sockets Layer. In short, it's a technology for keeping an internet connection secure and safeguarding any sensitive data being communicated between two systems.
It uses encryption algorithms to scramble data in transit, which makes it impossible to read.
This stops cybercriminals from eavesdropping or modifying any information sent.
All our databases are also backed up to a snapshot each day, and the last 35 days of snapshots are stored, able to be restored at a moment’s notice.
To provide better security over our customers’ CartonCloud accounts, we’ve also recently implemented further precautions to increase the minimum complexity requirements for system passwords.
Cybersecurity is a strategic decision CartonCloud is implementing to maintain high safety standards and protect data. It is incorporated into every decision we make in our product development process.
That keeps your warehouses running efficiently, your drivers on the road, and your cashflow coming in.