Panacea Strategy

Borderlands Mexico: Widening technology gap a threat to US-Mexico trade, experts say

A technology gap between many carriers and supply chain providers working in U.S.-Mexico cross-border trade and logistics is widening, say officials with Nuevo Laredo, Mexico-based Panacea Strategy.

Panacea, which also has offices in Laredo, Texas, and Mexico City, is a technology company focused on digital innovation and incubation for the logistics industry.

“Unfortunately, I’ve seen that the gap between the technology that is available and what people are doing with technology, the gap is not...

https://www.freightwaves.com/news/borderlands-mexico-widening-technology-gap-a-threat-to-us-mexico-trade-experts-say

Cybersecurity critical for cross-border trade

The rapid pace of digitalization poses new security risks for cross-border trade, an industry that relies heavily on electronic data and international money transfers, said Alaster Love, chief technology officer at Panacea Strategy.

“We know that on a cross-border basis, in Laredo and Nuevo Laredo, there’s lots of people who’ve already had issues with cybersecurity,” Love said. “We know that in Mexico, cyberattacks have happened on a larger scale.”

Over the past several months, almost a dozen...

https://www.freightwaves.com/news/cybersecurity-critical-for-trade