Borderlands Mexico: Cyberattacks rise in Mexico as cross-border trade grows

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Cyberattacks rise in Mexico as cross-border trade grows; California begins construction of second Otay Mesa border port of entry; Yamato Transport launches cross-border trucking service; and Buchanan Capital Partners acquires Texas logistics warehouse.

Cyberattacks rise in Mexico as cross-border trade grows

Mexico has seen a surge in cybercrime, including ransomware,...

https://www.freightwaves.com/news/borderlands-mexico-cyberattacks-rise-in-mexico-as-cross-border-trade-grows

Cyber Crimes Threaten Shipping Industry In A Modern Form Of Piracy

  • Cyber-attacks pose a serious threat to corporations generally and those involved in shipping are no exception.
  • The Cyber Risk team at Clyde & Co has worked on over 3,000 data breaches and cyber incidents including a number of the largest, most high profile incidents globally to date.
  • Although these cases and incidents have encompassed the full range of global business interests, Clyde & Co is particularly well placed to understand and assist in relation to the sharply increasing cybercrime...

https://mfame.guru/cyber-crimes-threaten-shipping-industry-in-a-modern-form-of-piracy/

Time is of the essence after ransomware attack

Logistics companies have done what they can to protect their employees from COVID-19, but has this shifted focus away from safeguarding other areas of operation? With many workforces continuing to work away from the office, company data may be at a higher risk of a ransomware attack.

If you’re unfamiliar with ransomware, consider yourself lucky. Ransomware is a form of malware that encrypts a victim’s files. Attackers usually hold company information hostage and demand victims pay a ransom in...

https://s29755.pcdn.co/news/time-is-of-the-essence-after-ransomware-attack

Toll Group victimized by ransomware attack

Green truck driving on highway, view from behind.

Australian logistics and freight transport powerhouse Toll Group announced on Tuesday that cybercriminals using ransomware known as “Nefilim” attacked its systems last week.

A corporate server containing information on current and former Toll employees and customers was infiltrated.

The Melbourne-based company said it shut down its information technology systems to mitigate the risk of further infection and has not given in to demands to pay a ransom in exchange for being allowed access to its...

https://www.freightwaves.com/news/toll-group-victimized-by-ransomware-attack