Supply Chain Security Management (SCSM) is a relatively new research discipline, thus introductory papers are scarce. The recent concerns on security are driving the introduction of new security initiatives forward to an extent that they are becoming an integral part of supply chain management. This paper presents the current state of SCSM initiatives, and discusses their managerial implications, highlighting the importance of interplay between various business and governmental parties. The paper concludes that a gap exists between SCSM research, standards development and practical managerial actions; the academic community can bridge this gap, e.g., by carrying in-depth supply chain case studies.