Supply chain and digital dependencies pose risks to operational continuity

Modern financial and industrial sectors are facing increasing vulnerabilities due to digital dependencies and fragile supply chains. In the banking sector, the growing reliance on cloud computing and software introduces risks that extend beyond traditional financial metrics, requiring resilience to be integrated into technology from the design phase rather than added to existing systems.

Key challenges include third-party risks, hidden dependencies, and the potential failure of critical vendors. To mitigate these, experts suggest implementing software escrow and stressed exit strategies. Furthermore, emerging technologies like AI and quantum computing necessitate continuous updates to risk management plans.

In the industrial sector, particularly within Italy, supply chains face threats from geopolitical tensions, cyber risks, and financial instability. An analysis by Cribis indicates that approximately 76% of active suppliers are micro or small enterprises, which may be more exposed to disruptions. Additionally, about 30.5% of suppliers have only a single connection to a lead firm, creating significant concentration risks.