The Daily Dash: Recent cyberattacks having ripple effects across supply chain

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, cyberattacks are causing issues at two industry players. An attack on Forward Air is having supply chain implications, and Central Freight Lines has also acknowledged it was victimized. Plus, FedEx and UPS are receiving plaudits for their early performance in vaccine distribution.  

Cyberattack on Forward Air having ripple effects

The ransomware attack on Forward Air’s (NASDAQ: FRWD) operational and...

https://s29755.pcdn.co/news/the-daily-dash-recent-cyberattacks-having-ripple-effects-across-supply-chain

News Alert: Central Freight Lines falls victim to cyberattack

Central Freight Lines

Less-than-truckload carrier Central Freight Lines (CFL) confirmed it fell victim to a cyberattack, which knocked its operating systems and call center offline last week.

The Waco, Texas-based carrier’s new chief operating officer, Steve Vondra, confirmed to FreightWaves that it was targeted in a “cyber incident that impacted CFL and many other companies across the U.S.”

“We immediately engaged third-party professionals to assist and informed federal law enforcement,” Vondra said in a statement to...

https://s29755.pcdn.co/news/news-alert-central-freight-lines-falls-victim-to-cyberattack

The Daily Dash: Bullish advice on transportation sector; Central Freight Lines sued

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, transportation analysts expect a continued run of strength for the sector throughout 2021. Plus, Central Freight Lines is being sued for nonpayment of invoices, and International Roadcheck compliance numbers improve in 2020.

The bulls rule

Analysts remain bullish on the transportation sector heading into 2021, but they remain divided on which segment of the sector will benefit most in the new year.

Tod...

https://www.freightwaves.com/news/the-daily-dash-bullish-advice-on-transportation-sector-central-freight-lines-sued

CMA CGM hires driver of digitization strategy

CMA CGM announced Friday it has recruited a leader to execute its digitization and technology strategy.

Nicolas Sekkaki has served as the chairman and CEO of IBM France since 2015. The CMA CGM Group has hired him as its executive vice president of IT, digital and transformation.

CMA CGM said in the announcement that Sekkaki was brought on to accelerate the implementation of its “digital and technological ambitions.”

“Digitization is at the heart of the CMA CGM Group’s development strategy: a...

https://s29755.pcdn.co/news/cma-cgm-hires-driver-of-digitization-strategy

IMO hit with cyberattack; CMA CGM suspects data breach

The International Maritime Organization (IMO) has confirmed its IT systems have been compromised, although there has been no evidence provided to indicate the service interruption is related to this week’s ransomware attack on CMA CGM.

“The interruption of service was caused by a cyberattack against our IT systems,” the IMO tweeted Thursday, adding that it was working with United Nations “IT and security experts to restore systems as soon as possible, identify the source of the attack and...

https://www.freightwaves.com/news/imo-hit-with-cyberattack-cma-cgm-suspects-data-breach

CMA CGM cargo flowing despite ransomware attack

CMA CGM, which had been criticized earlier in the day for not providing updates on the ransomware attack that took down its network, tweeted after the close of regular business hours in Europe on Tuesday that all its maritime and port operations were functioning normally.

It also said in a series of tweets at about 7:15 p.m. CEST (1:15 p.m. EDT) that all communications, including emails, transmitted files and electronic data interfaces, to and from the French shipping giant were secure. 

“This...

https://www.freightwaves.com/news/cma-cgm-cargo-flowing-despite-ransomware-attack

Cyberattack on US Tug Boat, Expert Tips To Fight It

  • The recent attack on a US tugboat highlights the increase of cyberattacks in the maritime sector.
  • Cyberattacks such as phishing emails are becoming more sophisticated in the way they pose as legitimate sources.
  • Cybercriminals infiltrate the maritime sector, carry out increasing attacks not only on shipping systems but also on vessels.
  • According to experts this attack in the US must be seen as a warning.

US Tugboat cyber-attack: the experts respond, writes Ilaria Grasso Macola for Ship...

https://mfame.guru/cyberattack-on-us-tug-boat-expert-tips-to-fight-it/

Maritime Cyber Attacks Increase By 900% In Three Years

Maritime Cyber Attacks Increase By 900% In Three Years

Cyber-attacks on the maritime industry’s operational technology (OT) systems have increased by 900% over the last three years with the number of reported incidents set to reach record volumes by year end.

Addressing port and terminal operators during an online forum last week, Robert Rizika, Naval Dome’s Boston-based Head of North American Operations, explained that in 2017 there were 50 significant OT hacks reported, increasing to 120 in 2018 and more than 310 last year. He said this year is...

https://www.marineinsight.com/shipping-news/maritime-cyber-attacks-increase-by-900-in-three-years/

Iranian major container port suffers cyber-attack

Shahid Rajaee port received a cyberattack on 9 May, which led to its computer systems disruption causing serious transport difficulties to shipping traffic, according to international news agencies.

Iran’s Ports and Maritime Organization (PMO) confirmed the attack with the country’s deputy minister of roads and urban development, Mohammad Rastad, revealing the details of the cyberattack on Iran’s major container port.

Mohammad Rastad said, “the distribution of cargo in northern ports is good;...

https://container-news.com/iranian-major-container-port-suffers-cyber-attack/

Logistics Giant Holds Out Against Ransom Following Cyberattack!

  • Toll Group is having a tough year, and has confirmed that the “unusual activity” on its servers last week was a cyber attack, which has now led to ransom demands.
  • The threat – unrelated to the attack on Toll in January – involves ransomware called Nefilim.
  • Government authorities and cyber security experts have asked them not to engage with the hackers or pay a ransom.

Logistics giant Toll Group says it suffered a second major cyber attack this year, revealing it has closed numerous internal...

https://mfame.guru/logistics-giant-holds-out-against-ransom-following-cyberattack/