One year ago it was the WannaCry ransomware attack. Less than a year ago, the NotPetya cyberattack cost organizations like Merck & Co., FedEx, the port of Rotterdam and a whole host of others billions of dollars in total. Today geopolitical tensions are increasing and with them, the threat of more, and more-devastating, cyberattacks.

The White House plans to convene executives from Amazon, Facebook, Google, Intel and 34 other major U.S. companies on Thursday as it seeks to supercharge the deployment of powerful robots, algorithms and the broader field of artificial intelligence.

Procurement teams needs to create a vision for how they are going to deal with digital transformation.

In March, the U.S. Department of Homeland Security and the Federal Bureau of Investigation issued a troubling alert: Since the same month two years before, Russian state-sponsored hackers had been infiltrating the nation’s electricity grid and various infrastructure industries, including aviation, collecting information on how the networks were organized and what systems’ controls they had in place.