SCM News | Risk Intelligence CEO predicts stricter security requirements for the logistics industry

The image features three workers in safety gear inspecting stacked cargo containers at a shipping yard. Image created on Canva.

In a recent interview with SCM News, Risk Intelligence CEO Hans Tino Hansen addressed the potential for stricter security requirements in the logistics industry, driven by increasing criminal exploitation and foreign interference in supply chains.

Published on 30 September 2024, the article highlights the pressing security challenges facing the logistics industry. Hans Tino Hansen, founder and CEO of Risk Intelligence, anticipates that tighter security measures will likely be imposed due to these emerging threats. However, he notes that it remains uncertain how these new requirements will be implemented. While air cargo is generally well-monitored, increased physical control of goods transported by ships and trucks is unlikely, as it would require excessive resources and costs.

Instead, Hansen suggests that a more practical solution may involve enhanced certification processes and inspections of logistics companies and producers by authorities. According to Hansen, certain supply chains will face higher physical security demands and stricter standards for supplier selection. Hansen emphasised that while these measures significantly enhance supply chain security, they cannot fully guarantee it. He pointed out that only comprehensive physical or technical control of every shipment could approach near-total security—an approach that remains largely impractical due to the extensive resources required. As such, it becomes a matter of weighing risks in consideration of legislation and standards.

To gain further insights into Hansen's perspective, read the full article on SCM News (behind paywall).

RISK ASSESSMENT REPORTS:

Empower your decision-making with Risk Intelligence's comprehensive risk assessment reports 

Tailored to your needs, our reports offer in-depth analyses of threats for specific operations, regions, or routes. Whether it's the Voyage Risk Assessment for operational readiness or the Security Risk Assessment for strategic planning, our insights equip you with the knowledge to mitigate risks effectively.