The rapid expansion of the Internet has connected the global community and created a host of opportunities for economic growth and prosperity. However, the wide accessibility of this resource has also underscored the need for member economies to encourage the establishment of a trusted online environment. The increased interconnectivity has exposed the online environment to a host of additional threats and vulnerabilities that can raise the time, cost, and
uncertainty associated with trade. Given the sensitivity of information being shared among business partners, efforts to strengthen Internet security and reliability will ultimately advance supply chain performance. APEC’s recommendation concerning online security, included in the Chokepoint 7 inventory and also highlighted as a priority in the APEC TEL Strategic Action Plan, advises that member economies should “encourage the establishment of a trusted online
environment.”
The rapid expansion of the Internet has connected the global community and created a host of opportunities for economic growth and prosperity. However, the wide accessibility of this resource has also underscored the need for member economies to encourage the establishment of a trusted online environment. The increased interconnectivity has exposed the online environment to a host of additional threats and vulnerabilities that can raise the time, cost, anduncertainty associated with trade. Given the sensitivity of information being shared among business partners, efforts to strengthen Internet security and reliability will ultimately advance supply chain performance. APEC’s recommendation concerning online security, included in the Chokepoint 7 inventory and also highlighted as a priority in the APEC TEL Strategic Action Plan, advises that member economies should “encourage the establishment of a trusted onlineenvironment.”
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