Applied DNA Sciences Inc (APDN)

[yip]

CONVERGENCE OF COUNTERFEIT AND CYBER THREATS: UNDERSTANDING NEW RULES ON SUPPLY CHAIN RISK – ROBERT S. METZGER - Bloomberg/BNA

To secure these objectives, the government can and will use its control over acquisition practices and its oversight and compliance mechanisms. Some in industry object to greater government intercession in supply chain and cyber risk management, citing an absence of standards and concerns about industrial base impact and adverse effects upon traditional notions of ‘‘open competition.’’ Even though many such concerns have merit, industry should focus its attention on preparation for new rules and regulations, rather than objection and resistance. The national interest in achieving greater supply chain and cyber security is so compelling that, in the author’s estimation, the federal government will act irrespective of industry’s doubts. The pace of implementation of supply chain and cyber actions is likely to accelerate and the breadth of such actions likely will encompass most or all federal procurement functions. Companies that ignore or resist these trends do so at their business peril.

From Counterfeit Parts, posted this morning:

http://counterfeitparts.wordpress.com/2014/02/17/convergence-of-counterfeit-and-cyber-threats-understanding-new-rules-on-supply-chain-risk-robert-s-metzger/