MeasuredRisk

US Bankruptcies Hit 14-Year High: What This Means for Your Business   In June, U.S. corporate bankruptcies soared to their highest level in 14 years – surpassing the peak during the Covid-19 pandemic – marking a concerning development for businesses across the nation. This escalating trend underscores the growing financial instability many companies are facing, highlighting the urgent need for businesses to be vigilant about the financial health of their counterparties.   WHY THIS MATTERS: When a key partner or supplier collapses, the ripple effects can be devastating. Disrupted supply chains, unfulfilled contracts, and sudden financial losses can significantly impact your operations and bottom line. Understanding the early warning signs of financial distress in your business network is crucial to mitigating these risks.   HOW WE CAN HELP: At MeasuredRisk, we provide advanced risk assessment tools to help you navigate these turbulent times. Our platform offers predictive analytics to monitor the stability and longevity of your counterparties, along with recommendations for more stable alternatives. By leveraging our technology, you can: - Identify Risk: Detect early signs of distress in your business network. - Mitigate Impact: Take proactive measures to safeguard your operations. - Maintain Resilience: Ensure business continuity by planning for potential disruptions.   Stay ahead of the curve with MeasuredRisk. Don't let unforeseen bankruptcies derail your business. Reach out to learn more about how we can help you protect your company's future.   #RiskManagement #Bankruptcy #FinancialStability #PredictiveLongevity

In today's complex and interconnected global marketplace, supply chain vulnerabilities pose significant threats to businesses, particularly those in the food and beverage industry. According to a recent report from WTW, supply chain and infrastructure risk will be one of the largest threats to F&B businesses over the next 3-5 years. This comes as no surprise, as 73% of senior decision-makers at F&B companies reported that losses related to the supply chain have been higher or much higher than expected over the last 2 years.   The food and beverage sector, with its intricate web of suppliers and distributors, is particularly susceptible to supply chain disruptions that can halt operations and impact the bottom line. The ripple effect of a single disruption can be far-reaching, affecting everything from production schedules to customer satisfaction.   At MeasuredRisk, we are dedicated to helping businesses in the food and beverage industry navigate these challenges. By providing tailored risk management solutions, we equip companies with the resources to select reliable and long-lasting suppliers and distributors, ensuring business continuity.   #SupplyChain  #RiskManagement #foodandbeverage #foodindustry #beverageindustry  

15 … the number of days since the CDK Global attack, which impacted 15k car dealerships across the US    100 … the percentage of MeasuredRisk customers that could have anticipated this disruption On June 18th, the automotive industry faced a significant disruption due to cyberattacks on CDK Global, a critical SaaS provider for car dealerships across North America. CDK Global claims that 2.6% of America's GDP is transacted through their platform, highlighting the extensive reach and critical importance of their systems in the automotive sector. The attacks, attributed to the BlackSuit ransomware group, have severely impacted thousands of dealerships, causing widespread operational chaos. These outages left dealerships unable to perform essential functions such as sales, servicing, inventory management, and customer financing. As of today, CDK Global is still in the process of restoring its systems and has indicated that full restoration will likely take until July 4th.   Our platform predicted that CDK Global was approaching a critical juncture and accurately identified their business resilience vulnerabilities. But how? Reach out to our VP of Business Development, Holly Elizabeth to learn more about how our predictive capabilities can accurately forecast cyberattacks and broader business disruptions.   #PredictiveIntelligence #AutomotiveIndustry

𝗠𝗲𝗮𝘀𝘂𝗿𝗲𝗱𝗥𝗶𝘀𝗸 𝗘𝘅𝗽𝗮𝗻𝗱𝘀 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝗮𝗰𝗵 𝘄𝗶𝘁𝗵 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗥𝗲𝘀𝗲𝗹𝗹𝗲𝗿 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗖𝗮𝗻𝗮𝗱𝗮 & 𝗟𝗮𝘁𝗶𝗻 𝗔𝗺𝗲𝗿𝗶𝗰𝗮   We are thrilled to announce our new partnerships with C3SA Cyber Security & Audit in Canada and Rational Point in Latin America. These strategic reseller agreements mark a significant milestone in our growth strategy, allowing us to deliver our predictive counterparty risk intelligence solutions to a broader audience across the Americas.   By leveraging our new partners’ extensive market knowledge and strategic relationships, we are set to enhance market penetration and accelerate international growth. Customers in these regions will benefit from localized support and services tailored to their specific needs. Both resellers will provide dedicated resources to assist clients in navigating the complexities of risk management and leveraging MeasuredRisk’s solutions to protect their entities effectively.   We’re excited about the opportunities these partnerships present and are committed to continuous innovation and advancement to meet the evolving needs of our customers.   Check out the full press release below for additional details.   #StrategicPartnerships #RiskIntelligence #PredictiveLongevity #AI

𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝗶𝗻𝗴 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻𝘀: 𝗔 𝗣𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹 𝗠𝗮𝗻𝗱𝗮𝘁𝗲 President Biden has issued an executive order formally establishing the White House Council on Supply Chain Resilience. Led by the Assistant to the President for National Security Affairs and the Americas Partnership for Economic Prosperity, the council will coordinate federal efforts to bolster long-term supply chain resilience and American industrial competitiveness. The council’s responsibilities will include: • Identifying and addressing supply chain insecurities, threats, and vulnerabilities, such as excessive geographic or supplier concentration. • Facilitating collaboration with allies and partners to enhance global supply chain resilience. • Conducting a supply chain review of industries critical to national or economic security every four years. Each review will culminate in a report submitted to the president, recommending actions and legislative reforms to improve supply chain resiliency. The first report is due by December 31, 2024. At MeasuredRisk, we know that a strong supply chain is the backbone of a robust economy. This executive order highlights the crucial role supply chain resilience plays in safeguarding America’s future. We applaud this proactive step by The White House and are committed to helping the US government navigate the SCRM challenges that lie ahead. #SupplyChain #RiskManagement #NationalSecurity #Resilience

2024 has seen a significant number of corporate bankruptcies, particularly in the consumer discretionary, healthcare, and industrial sectors.   If you operate in – or your supply chain is connected to – any of the industries in the graph below, it's crucial to take proactive steps to secure your business. MeasuredRisk can help you predict when your suppliers and counterparties will go out of business, allowing you to effectively prepare.   Don't wait until it's too late — reach out to us today and let’s safeguard your future together.   #Bankruptcy #PrecidctiveLongevity #BusinessSecurity

⚠️ Attention Supply Chain and Cyber Security Professionals ⚠️   The "State of Software Supply Chain Security Risk" report released by the Ponemon Institute and Synopsys, Inc. last week, reveals some concerning statistics about the current state of software supply chain security for organizations worldwide.   These findings underscore the need for robust security measures and proactive strategies to manage the growing risks in the software supply chain. It's critical for organizations to invest in comprehensive security solutions to protect against increasing threats.   At MeasuredRisk, we specialize in identifying vulnerable vendors and counterparties to help you stop supply chain attacks before they happen. Our tools and insights ensure you stay one step ahead.   #SupplyChainRisk #CyberSecurity #SoftwareSecurity

Did you know that while 75% of organizations are dedicated to optimizing their supply chains using risk scoring, only a quarter can effectively predict disruptions? This glaring misalignment highlights a significant challenge in the industry.   Traditional risk scoring platforms often provide detailed insights but fall short in actionable decision-making. MeasuredRisk bridges this gap by transforming complex data into predictive longevity metrics. We empower you to assess the long-term viability of your suppliers, enabling you to make informed choices about your counterparty relationships and fortify your supply chain's resilience.   In an era where disruptions are the norm, having the right tools to predict and mitigate risks is essential. Future-proof your business with MeasuredRisk.   #SupplyChain #RiskManagement #SCRM #PredictiveLongevity

Bankruptcy experts reveal alarming statistics:   💥 Commercial bankruptcies surged by 22% in Q1 2024 compared to Q1 2023 💥 Subchapter V elections for small businesses saw a 30% increase in Q1 2024 compared to the same period in 2023 💥 Commercial Chapter 11 bankruptcies skyrocketed by 43% year-over-year in Q1   How would you cope if one of your key suppliers or partners filed for bankruptcy and was no longer able to fulfill their obligations to you? As companies struggle in the current economic environment, its clear solutions are needed to help bolster resilience.   MeasuredRisk is at the forefront, empowering companies to pinpoint at-risk counterparties in seconds and secure their relationships accordingly. With our platform, businesses can seamlessly identify alternative counterparties that are more resilient and have longer anticipated lifespans, ensuring continuity even in the most turbulent times.   #businessresilience #predictivelongevity #bankruptcy