{"id":1955,"date":"2024-10-21T16:54:56","date_gmt":"2024-10-21T16:54:56","guid":{"rendered":"https:\/\/global.craft.co\/?p=1955"},"modified":"2024-10-31T18:23:43","modified_gmt":"2024-10-31T18:23:43","slug":"the-risk-savvy-report-october-1-21-2024","status":"publish","type":"post","link":"https:\/\/global.craft.co\/blog\/the-risk-savvy-report-october-1-21-2024\/","title":{"rendered":"The Risk Savvy Report: October 1 &#8211; 21, 2024"},"content":{"rendered":"<p>Welcome to the Risk Savvy Report, your go-to source for the latest insights on global supply chain trends to keep you informed and ahead of the curve. In this edition, we cover top supplier risk signals for October 1 &#8211; 21, 2024 across core industries impacting the global supply chain, including disruption from extreme weather, geopolitical conflict, waning EV hype, and increase in cyber attacks.<\/p>\n<p><a href=\"https:\/\/global.craft.co\/subscribe\/\">Subscribe to our newsletter<\/a> if you find this information helpful.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>Before we explore industry-specific trends, here are key global supply chain risk signals you should be aware of:<\/p>\n<p><a href=\"https:\/\/www.travelpulse.com\/news\/impacting-travel\/hurricane-milton-makes-landfall-in-florida-travel-industry-heavily-impacted\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Hurricane Milton Makes Landfall in Florida<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Hurricane Milton hit Florida as a Category 3 storm with 120 mph winds, causing widespread damage, including ripping the roof off Tropicana Field and leaving 3 million without power. Airports and major ports closed, with over 2,200 flights canceled. Baxter International closed a key IV fluid facility in North Carolina due to flood damage. Quartz mine shutdowns cause concern for major chip manufacturers. <a href=\"https:\/\/www.travelpulse.com\/news\/impacting-travel\/hurricane-milton-makes-landfall-in-florida-travel-industry-heavily-impacted\" target=\"_blank\" rel=\"noopener\">Read more<\/a><\/span><\/p>\n<p><a href=\"https:\/\/globalnews.ca\/news\/10793630\/us-port-strike-suspended-january\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">U.S. port strike suspended until January to allow time for contract talks <\/span><\/a><\/p>\n<p>The U.S. dockworkers&#8217; strike at East and Gulf Coast ports has been suspended until January, allowing time for further contract negotiations. The International Longshoremen\u2019s Association and the U.S. Maritime Alliance reached a tentative deal on wage increases, a central issue in the dispute. Workers will return to their jobs immediately, with talks continuing on remaining issues. <a href=\"https:\/\/globalnews.ca\/news\/10793630\/us-port-strike-suspended-january\/\" target=\"_blank\" rel=\"noopener\">Read more<\/a><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\"><em><a href=\"https:\/\/global.craft.co\/platform\/\">Craft&#8217;s platform<\/a> can help you monitor your supplier network to understand supplier risk and stay ahead of disruption. <a href=\"https:\/\/global.craft.co\/risk-assessment\/\">Contact our team to take a risk assessment<\/a>.<\/em><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1718 alignnone\" src=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-02-300x300.png\" alt=\"\" width=\"145\" height=\"145\" srcset=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-02-300x300.png 300w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-02-150x150.png 150w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-02-768x768.png 768w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-02.png 900w\" sizes=\"auto, (max-width: 145px) 100vw, 145px\" \/><\/p>\n<h2>Manufacturing<\/h2>\n<h4>Industry Risk Overview for September<\/h4>\n<p><span style=\"color: #000000;\"><strong>1084 overall risk signals<\/strong> from manufacturing companies tracked:<\/span><\/p>\n<ul>\n<li>58 ESG<\/li>\n<li>551 Security<\/li>\n<li>362 Financial<\/li>\n<li>113 Regulatory<\/li>\n<\/ul>\n<p><a href=\"https:\/\/global.craft.co\/solution\/supplier-risk-management\/\" rel=\"noopener\">Identify supplier risk in your network<\/a><\/p>\n<h4>Recent News<\/h4>\n<p><a href=\"https:\/\/appleinsider.com\/articles\/24\/10\/10\/tensions-escalate-as-china-arrests-foxconn-staff-at-key-apple-factory\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Tensions escalate as China arrests Foxconn staff at key Apple factory<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3280937\/tsmc-samsung-other-major-chip-makers-monitor-quartz-supply-after-hurricane-shut-mines?module=Big%20Tech&amp;pgtype=section\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">TSMC, Samsung, other major chip makers monitor quartz supply after hurricane shut mines<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.turkiyegazetesi.com.tr\/ekonomi\/hyundai-kia-gm-600-binden-fazla-arac-geri-cagrildi-listede-10-farkli-model-var-1067572\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">A total of 312,744 Hyundai Motor vehicles will be recalled due to a design flaw in the airbag control unit<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.ajc.com\/news\/business\/production-disruption-prompts-rivian-to-adjust-manufacturing-goal\/YSB3YOTTMBFUNEHWYP3VPIQKSY\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Rivian lowers 2024 manufacturing goal due to \u2018production disruption\u2019<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.tweaktown.com\/news\/100948\/china-pushes-local-companies-to-not-buy-ai-chips-from-nvidia\/index.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">China pushes local companies to not buy AI chips from NVIDIA<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.braintreeandwithamtimes.co.uk\/news\/national\/uk-today\/24649281.british-airways-cancels-flights-due-rolls-royce-delays\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">British Airways cancels flights due to Rolls-Royce delays<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><em>Need to identify high-risk suppliers in your supply chain? <a href=\"https:\/\/global.craft.co\/solution\/supplier-intelligence\/\" rel=\"noopener\">Learn about supplier intelligence with Craft.<\/a><\/em><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1713\" src=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-06-300x300.png\" alt=\"\" width=\"110\" height=\"110\" srcset=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-06-300x300.png 300w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-06-150x150.png 150w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-06.png 593w\" sizes=\"auto, (max-width: 110px) 100vw, 110px\" \/><\/p>\n<h2>Technology<\/h2>\n<h4>Industry Risk Overview for September<\/h4>\n<p><span style=\"color: #000000;\"><b>668 overall risk signals <\/b>from technology companies tracked:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">33 ESG<\/span><\/li>\n<li><span style=\"color: #000000;\">403 Security<\/span><\/li>\n<li><span style=\"color: #000000;\">186 Financial<\/span><\/li>\n<li><span style=\"color: #000000;\">46 Regulatory<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/global.craft.co\/solution\/supplier-risk-management\/\" rel=\"noopener\">Identify supplier risk in your network<\/a><\/p>\n<h4>Recent News<\/h4>\n<p><a href=\"https:\/\/cybersecuritynews.com\/hashicorp-cloud-vault-vulnerability\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">HashiCorp&#8217;s Critical Cloud Vault Vulnerability Exposes Security Risks<\/span><\/a><\/p>\n<p><a href=\"https:\/\/cybersecuritynews.com\/hcl-connections-vulnerability\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">HCL Technologies Faces Data Breach Risk in Connections Software<\/span><\/a><\/p>\n<p><a href=\"https:\/\/securityboulevard.com\/2024\/10\/threat-actors-exploit-nvidia-vulnerability-for-host-access\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Threat Actors Exploit NVIDIA Vulnerability For Host Access<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.dailymail.co.uk\/sciencetech\/article-13946589\/Microsoft-suffers-outage-Outlook-Teams-365-services.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Microsoft suffers outage across US<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.ruetir.com\/2024\/10\/05\/nvidia-will-stop-production-of-the-rtx-4080-super-and-4090-in-november-causing-an-increase-in-their-prices-ruetir\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">NVIDIA will stop production of the RTX 4080 SUPER and 4090 in November, causing an increase in their prices<\/span><\/a><\/p>\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/cloudflare-survey-finds-cyberattacks-fraud-154612452.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Cloudflare survey finds cyberattacks and fraud flourishing in logistics<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.gsmarena.com\/us_commerce_department_probing_tsmc_as_suspected_chip_supplier_to_huawei_-news-64978.php\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">US Commerce Department probing TSMC as suspected chip supplier to Huawei<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1711\" src=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-5-300x300.png\" alt=\"\" width=\"140\" height=\"140\" srcset=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-5-300x300.png 300w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-5-150x150.png 150w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-5-768x768.png 768w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-5.png 900w\" sizes=\"auto, (max-width: 140px) 100vw, 140px\" \/><\/strong><\/p>\n<h2>Transportation<\/h2>\n<h4>Industry Risk Overview for September<\/h4>\n<p><span style=\"color: #000000;\"><strong>603 overall risk signals<\/strong> from transportation companies tracked:<\/span><\/p>\n<ul>\n<li>5 ESG<\/li>\n<li>228 Security<\/li>\n<li>261 Financial<\/li>\n<li>106 Regulatory<\/li>\n<\/ul>\n<p><a href=\"https:\/\/global.craft.co\/solution\/supplier-risk-management\/\" rel=\"noopener\">Identify supplier risk in your network<\/a><\/p>\n<h4>Recent News<\/h4>\n<p><a href=\"https:\/\/www.wantedinrome.com\/news\/italy-public-transport-strike-18-october.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Italy faces public transport strike on Friday 18 October<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.latestly.com\/auto\/tesla-robotaxi-event-proves-a-flop-shares-of-elon-musks-ev-company-down-7-as-investors-question-autonomous-vision-report-6336802.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Tesla Robotaxi Event Proves a Flop, Shares of Elon Musk&#8217;s EV Company Down 7% as Investors Question Autonomous Vision<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.express.co.uk\/news\/uk\/1961357\/uk-travel-chaos-major-motorway-closing\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">UK travel chaos as major motorway used by 130,000 drivers each day to close<\/span><\/a><\/p>\n<p><a href=\"https:\/\/shafaq.com\/en\/World\/Shipping-traffic-halts-in-Bosphorus-Strait-after-cargo-ship-breakdown\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Shipping traffic halts in Bosphorus Strait after cargo ship breakdown<\/span><\/a><\/p>\n<p><a href=\"https:\/\/retail-insider.com\/bulletin\/2024\/10\/overtime-strike-at-montreal-port-causes-supply-chain-delays\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Overtime Strike at Montreal Port Causes Supply Chain Delays<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/united-airlines-teamsters-rally-nationwide-for-strong-contract-302274172.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">United Airlines Teamsters Rally Nationwide for Strong Contract<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.presstv.ir\/Detail\/2024\/10\/11\/735037\/Yemen-Red-Sea-Maersk\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Shipping firms to stay away from Red Sea amid Yemen retaliation against Israel<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.freightwaves.com\/news\/norfolk-southern-line-into-asheville-to-be-closed-at-least-3-months\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Norfolk Southern line between Asheville and Newport, heavily damaged by Hurricane Helene, will be out of service until at least late January<\/span><\/a><\/p>\n<p><a href=\"https:\/\/aviation.direct\/en\/FAA-safety-warning%3A-Boeing-737-rudder-control-under-suspicion\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">United Airlines incident: FAA safety warning for Boeing 737 rudder control<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.fool.com\/investing\/2024\/10\/08\/why-rivian-stock-plunged-21-in-september\/?source=iedfolrf0000001\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Rivian Stock Plunged 21% in September<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.surinenglish.com\/malaga\/malaga-city\/container-traffic-soars-the-port-malaga-due-20241007075445-nt.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Container traffic soars in Malaga port due to Suez Canal crisis<\/span><\/a><\/p>\n<p><a href=\"https:\/\/beatofhawaii.com\/two-hydraulic-diversions-in-one-month-same-united-hawaii-route\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">United Airlines flight forced to return to Denver due to hydraulic system issues, second hydraulic diversion in one month<\/span><\/a><\/p>\n<p><a href=\"https:\/\/evrimagaci.org\/tpg\/los-angeles-ports-hit-record-freight-levels-amid-rail-delays-47433\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Los Angeles Ports Hit Record Freight Levels Amid Rail Delays<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/global.craft.co\/resource\/how-one-global-shipping-leader-demystified-their-supply-chain-with-craft\/\" rel=\"noopener\"><em>Learn how a global shipping leader demystified their supply chain with Craft.<\/em><\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1714\" src=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-07-253x300.png\" alt=\"\" width=\"110\" height=\"131\" srcset=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-07-253x300.png 253w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-07.png 513w\" sizes=\"auto, (max-width: 110px) 100vw, 110px\" \/><\/p>\n<h2>Healthcare<\/h2>\n<h4>Industry Risk Overview for September<\/h4>\n<p><span style=\"color: #000000;\"><strong>61 overall risk signals<\/strong> from healthcare companies tracked:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">17 ESG<\/span><\/li>\n<li><span style=\"color: #000000;\">21 Security<\/span><\/li>\n<li><span style=\"color: #000000;\">13 Financial<\/span><\/li>\n<li><span style=\"color: #000000;\">10 Regulatory<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/global.craft.co\/solution\/supplier-risk-management\/\" rel=\"noopener\">Identify supplier risk in your network<\/a><\/p>\n<h4>Recent News<\/h4>\n<p><a href=\"https:\/\/www.boerse-online.de\/dpa-afx\/roundup-bayer-chef-sieht-sich-beim-umbau-vor-zeitplan-aktie-faellt-dennoch-402373.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Bayer CEO sees restructuring ahead of schedule &#8211; shares still fall<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.nbcnews.com\/health\/health-news\/patients-scramble-treatments-hospitals-conserve-iv-fluids-storms-rcna174958\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Patients scramble for treatments as hospitals conserve IV fluids after storms<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.medianama.com\/2024\/10\/223-star-health-insurance-confirms-data-breach-names-telegram-and-cloudflare-in-legal-battle\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Star Health Insurance Confirms Data Breach, Names Telegram and Cloudflare in Legal Battle<\/span><\/a><\/p>\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/exclusive-thermo-fishers-plant-making-100719650.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Thermo Fisher&#8217;s plant making infant RSV drug breached FDA rules, documents show<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.healthcareitnews.com\/news\/cybersecurity-leaders-still-shaky-about-post-attack-recovery-reports-show\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Cybersecurity leaders still shaky about post-attack recovery<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.fiercebiotech.com\/biotech\/relay-cuts-more-staff-efforts-save-50m-year\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Relay cuts more staff in efforts to save $50M a year<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.aboutlawsuits.com\/ivenix-infusion-pump-recall-risk-severe-injury-death-fda\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Ivenix Infusion Pump Recall Issued Due to Risk of Severe Injury or Death<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.bankinfosecurity.com\/change-healthcare-attack-cost-estimate-reaches-nearly-29b-a-26541\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Change Healthcare Attack Cost Estimate Reaches Nearly $2.9B<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.medicalbuyer.co.in\/fda-identifies-recall-of-medtronics-minimed-series-pumps-recall-as-class-i\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">FDA identifies recall of Medtronic&#8217;s MiniMed series pumps as class I<\/span><\/a><\/p>\n<p><span style=\"font-style: italic;\">Get configurable alerts for the supplier risks that matter most to your supply chain? <\/span><a style=\"font-style: italic;\" href=\"https:\/\/global.craft.co\/solution\/supplier-risk-management\/\" rel=\"noopener\">Learn more about Supplier Risk Management from Craft.<\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1716 alignnone\" src=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-05-300x300.png\" alt=\"\" width=\"125\" height=\"125\" srcset=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-05-300x300.png 300w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-05-150x150.png 150w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-05.png 614w\" sizes=\"auto, (max-width: 125px) 100vw, 125px\" \/><\/p>\n<h2>Energy and Utilities<\/h2>\n<h4>Industry Risk Overview for September<\/h4>\n<p><span style=\"color: #000000;\"><strong>106 overall risk signals<\/strong> from energy &amp; utility companies tracked:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">4 ESG<\/span><\/li>\n<li><span style=\"color: #000000;\">21 Security<\/span><\/li>\n<li><span style=\"color: #000000;\">30 Financial<\/span><\/li>\n<li><span style=\"color: #000000;\">51 Regulatory<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/global.craft.co\/solution\/supplier-risk-management\/\" rel=\"noopener\">Identify risky suppliers in your network<\/a><\/p>\n<h4>Recent News<\/h4>\n<p><a href=\"https:\/\/www.bloomberglinea.com\/latinoamerica\/mexico\/pemex-duplica-produccion-de-su-combustible-mas-contaminante-con-amlo\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Pemex doubles production of its most polluting fuel under AMLO<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.elheraldodetabasco.com.mx\/local\/cuantos-accidentes-en-altamar-ocurrieron-en-primer-sexenio-de-morena-12700067.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Pemex records more than 400 offshore accidents, but without sanctions<\/span><\/a><\/p>\n<p><a href=\"https:\/\/report.az\/en\/other-countries\/powerful-storm-knocks-out-power-to-1-4-million-homes-in-brazil-s-largest-city\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Powerful storm knocks out power to 1.4 million homes in Brazil\u2019s largest city<\/span><\/a><\/p>\n<p><a href=\"https:\/\/pune.news\/city\/pune\/fuel-crisis-looms-pune-petrol-dealers-plan-strike-over-contract-disputes-and-theft-250002\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Fuel Crisis Looms: Pune Petrol Dealers Plan Strike Over Contract Disputes and Theft<\/span><\/a><\/p>\n<p><a href=\"https:\/\/oilprice.com\/Latest-Energy-News\/World-News\/BP-Ditches-Goal-to-Cut-Oil-and-Gas-Production-by-2030.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">BP Ditches Goal to Cut Oil and Gas Production by 2030<\/span><\/a><\/p>\n<p><a href=\"https:\/\/menafn.com\/1108752410\/Equinor-Reports-Cost-Increases-On-19-Key-Projects-In-Norway\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Equinor Reports Cost Increases On 19 Key Projects In Norway<\/span><\/a><\/p>\n<p><a href=\"https:\/\/econotimes.com\/TSMCs-Surging-Electricity-Demand-Could-Strain-Taiwans-Energy-Infrastructure-by-2030-SP-Warns-1689569\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">TSMC\u2019s Surging Electricity Demand Could Strain Taiwan\u2019s Energy Infrastructure by 2030, S&amp;P Warns<\/span><\/a><\/p>\n<p><a href=\"https:\/\/zeenews.india.com\/economy\/irans-missile-attack-on-israel-sends-oil-prices-skyrocketing-tensions-in-middle-east-sparks-worries-on-global-oil-supply-2801393.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Iran\u2019s Missile Attack On Israel Sends Oil Prices Skyrocketing; Tensions In Middle East Sparks Worries On Global Oil Supply<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a style=\"font-style: italic;\" href=\"https:\/\/global.craft.co\/resource\/how-major-asian-utilities-and-energy-company-optimizes-its-supplier-visibility-with-craft-supply-chain-intelligence\/\" rel=\"noopener\">Learn how a major Asian utilities and energy company optimizes its supplier visibility with Craft.<\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1717\" src=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-03-300x300.png\" alt=\"\" width=\"165\" height=\"165\" srcset=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-03-300x300.png 300w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-03-150x150.png 150w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-03-768x768.png 768w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-03.png 900w\" sizes=\"auto, (max-width: 165px) 100vw, 165px\" \/><\/p>\n<h2>Financial Services<\/h2>\n<h4>Industry Risk Overview for September<\/h4>\n<p><span style=\"color: #000000;\"><strong>72 overall risk signals<\/strong> from financial service companies tracked:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">1 ESG<\/span><\/li>\n<li><span style=\"color: #000000;\">9 Security<\/span><\/li>\n<li><span style=\"color: #000000;\">32 Financial<\/span><\/li>\n<li><span style=\"color: #000000;\">30 Regulatory<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/global.craft.co\/solution\/supplier-risk-management\/\" rel=\"noopener\">Identify supplier risk in your network<\/a><\/p>\n<h4>Recent News<\/h4>\n<p><a href=\"https:\/\/securityaffairs.com\/169717\/data-breach\/fidelity-investments-data-breach.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Fidelity Investments suffered a second data breach this year<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.efinancialcareers.com\/news\/hsbc-s-300m-of-cost-savings-imply-the-removal-of-200-investment-bankers\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">HSBC&#8217;s $300m of cost savings imply the removal of 200+ investment bankers<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.bizcommunity.com\/article\/hsbc-and-bidvest-bank-fined-millions-for-non-compliance-252967a\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">HSBC and Bidvest Bank fined millions for non-compliance<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.jdsupra.com\/legalnews\/transunion-risk-and-alternative-data-2887359\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">TransUnion Risk and Alternative Data Solutions Notifies Consumers of Recent Data Breach<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/global.craft.co\/industry\/financial-services\/\" rel=\"noopener\"><em>Learn how to understand the financial risks of your suppliers.<\/em><\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1715\" src=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-08-300x286.png\" alt=\"\" width=\"125\" height=\"119\" srcset=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-08-300x286.png 300w, https:\/\/global.craft.co\/wp-content\/uploads\/2024\/07\/Craft-Industry-Icons-08.png 614w\" sizes=\"auto, (max-width: 125px) 100vw, 125px\" \/><\/p>\n<h2>Retail<\/h2>\n<h4>Industry Risk Overview for September<\/h4>\n<p><span style=\"color: #000000;\"><strong>64 overall risk signals<\/strong> from retail companies tracked:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">41 Security<\/span><\/li>\n<li><span style=\"color: #000000;\">20 Financial<\/span><\/li>\n<li><span style=\"color: #000000;\">3 Regulatory<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/global.craft.co\/solution\/supplier-risk-management\/\" rel=\"noopener\">Identify supplier risk in your network<\/a><\/p>\n<h4>Recent News<\/h4>\n<p><a href=\"https:\/\/www.thisdaylive.com\/index.php\/2024\/10\/06\/nigeria-faces-supply-crunch-as-used-vehicle-imports-plummet\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Nigeria Faces Supply Crunch as Used Vehicle Imports Plummet<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.csoonline.com\/article\/3546884\/hackers-steal-sensitive-customer-data-from-thousands-of-online-stores-that-use-adobe-tools.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Hackers steal sensitive customer data from thousands of online stores that use Adobe tools<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><em>Curious how we gathered this information?\u00a0<\/em><a href=\"https:\/\/global.craft.co\/platform\/\" rel=\"noopener\"><em>Explore Craft\u2019s platform\u2019s capabilities.<\/em><\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>We hope these insights have enhanced your understanding of supplier risk in the global supply chain, making you evermore risk savvy.<\/p>\n<p><a href=\"https:\/\/global.craft.co\/subscribe\/\">Subscribe to our newsletter<\/a>\u00a0for more insights.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to the Risk Savvy Report, your go-to source for the latest insights on global supply chain trends to keep you informed and ahead of the curve. In this edition, we cover top supplier risk signals for October 1 &#8211; [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":1958,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"templates\/pt-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,52],"class_list":["post-1955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement-and-supply-chain","category-risk-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.3 (Yoast SEO v25.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Risk Savvy Report: October 1 - 21, 2024 | Craft.co<\/title>\n<meta name=\"description\" content=\"Stay ahead of supplier risk with Craft&#039;s &quot;Risk Savvy Report,&quot; covering important risk signals from cybersecurity to geopolitical events.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/global.craft.co\/blog\/the-risk-savvy-report-october-1-21-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Risk Savvy Report: October 1 - 21, 2024\" \/>\n<meta property=\"og:description\" content=\"Stay ahead of supplier risk with Craft&#039;s &quot;Risk Savvy Report,&quot; covering important risk signals from cybersecurity to geopolitical events.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/global.craft.co\/blog\/the-risk-savvy-report-october-1-21-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Craft.co\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/craftdotco\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-21T16:54:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-31T18:23:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/global.craft.co\/wp-content\/uploads\/2024\/10\/Risk-Savvy-Header-October-1-21.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Chris Esposito\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@craftdotco\" \/>\n<meta name=\"twitter:site\" content=\"@craftdotco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chris Esposito\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/global.craft.co\/blog\/the-risk-savvy-report-october-1-21-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/global.craft.co\/blog\/the-risk-savvy-report-october-1-21-2024\/\"},\"author\":{\"name\":\"Chris Esposito\",\"@id\":\"https:\/\/global.craft.co\/#\/schema\/person\/c83c0a7bb7edab2952655ff4d813deff\"},\"headline\":\"The Risk Savvy Report: October 1 &#8211; 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