Quantitative analysis of cyber risks in IoT-based supply chain (FMCG industries)

The Internet of Things (IoT) is a system of computers, computing machines, digital and mechanical devices, humans and animals, each with an independent code and as a distinct device, in the network and a significant share of information exchange and behavior and the relationship between them is done without direct human intervention and supervision. Businesses are no exception and try to use the IoT to make business smarter. The supply chain is one of the most vital parts of the business cycle and its smartening creates a dramatic change in the optimization of business processes. However, since this technology is based on the Internet and the use of the Internet can always be associated with different risks, so recognizing the cyber risks that can be faced by businesses in the face of these technologies is always significant IoT-based supply chain cyber to be identified and analyzed. In order to rank these risks, nonlinear mathematical modeling method has been used. The results show that privacy in interaction with suppliers as well as customers is the most important and effective measures should be taken to address these risks.