Supply chain terrorism risks

Defined as the unlawful use of force against persons or property with the intent to intimidate or coerce a government or civilian population, supply chain terrorism either uses a supply chain to facilitate the movement of something that is potentially disruptive or targets the supply chain itself.

BSI has identified 35 countries, such as Colombia, Egypt, India, and Thailand, in which supply chain terrorist attacks occur on a regular basis. The Suez Canal, a major route that handles 8% of global trade, is constantly under significant terrorist threats as well. The oil and gas industry and its transportation infrastructure, including hubs, refineries, and vessels in particular, are especially attractive to terrorists.

Severe supply chain terrorist attacks could potentially shut down operations that produce key commodities. Companies that export, manufacture, or ship through high risk supply chain terrorist countries and areas are facing significant supply chain risks and operational challenges, which can also detrimentally impact C-TPAT, PIP, and AEO compliance.