cybersecurity

DAT blames ‘external forces’ for intermittent service outages

Oregon-based DAT Freight & Analytics, one of the trucking industry’s largest load boards in North America, has confirmed that “external forces” are to blame for multiple service disruptions on its platform over the past 10 days but declined to disclose the root cause of the intermittent outages.

Since March 11, truck drivers and brokers who rely on the spot market to post or find freight have been documenting on social media their technical issues with using DAT’s platform. Those include issues...

https://www.freightwaves.com/news/dat-blames-external-forces-for-intermittent-service-outages

Administration moves to counter cybersecurity threat from made-in-China port cranes

The White House has announced a series of measures being taken by the Biden administration to enhance cybersecurity in U.S. ports and, in particular, address the threat posed by Chinese-manufactured port cranes. They include providing funding to rebuild America’s industrial capacity to produce port cranes with trusted partners.

The measures to counter the cybersecurity threat from the Chinese port cranes include a new Executive Order on “Amending Regulations Relating to the Safeguarding of...

https://www.marinelog.com/legal/safety-and-security/administration-moves-to-counter-cybersecurity-threat-from-made-in-china-port-cranes/

US targets Chinese-made container cranes in spy crackdown

Owners and operators of over 200 Chinese-made container cranes at U.S. ports will be subject to new cyber-risk management requirements aimed at reducing China’s ability to spy on America’s domestic supply chains.

The U.S. Coast Guard on Wednesday announced that owners or operators of Chinese manufactured ship-to-shore (STS) container gantry cranes may now obtain copies of Maritime Security Directive 105-4, which spells out required cyber-risk management actions related to the cranes.

The...

https://www.freightwaves.com/news/us-targets-chinese-made-container-cranes-in-spy-crackdown

Insurance woes weigh down Knight-Swift earnings

Insurance woes weigh down Knight-Swift earnings

(Source: Knight-Swift)

Q4 earnings are in for Knight-Swift, which recorded a $71.7M operating loss from its third-party insurance business.

This might be a future business school case study on risk management. Back in 2021, Knight-Swift launched Iron Truck Services. The press release described it as “an organization that brings together services essential to transportation carriers and includes insurance, equipment maintenance, fuel purchasing,...

https://www.freightwaves.com/news/insurance-woes-weigh-down-knight-swift-earnings

Estes execs recap hack experience in unusual video presentation

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Two of the key executives caught up in the maelstrom of the recent hack on Estes Express — including...

https://www.freightwaves.com/news/estes-execs-recap-hack-experience-in-unusual-video-presentation

Fighting back in a cybersecurity world where bad guys are getting bolder

HOUSTON — One hundred and seventy five million dollars.

That’s the figure Shelly Thomas of the cyber practice at insurance provider Marsh presented when the topic of ransomware came up at a conference sponsored by the National Motor Freight Travel Association.

Thomas, speaking Monday on the opening panel of the Digital Solutions Conference, said that $175 million was the largest ransomware demand she had seen this year. While the end figure the unidentified victim paid was “negotiated down” to an...

https://www.freightwaves.com/news/fighting-back-in-a-cybersecurity-world-where-bad-guys-are-getting-bolder

Big gains at Estes in recovery from cyberattack

Webb Estes took to a public video platform this week to report that most of the key operations at the LTL carrier that bears his family name have been fixed after a cyberattack early this month.

Coming almost two weeks after a previous video and published update, in which Estes Express said its electronic data interchange systems had been restored, the latest update by Webb Estes, who is president and COO, reviewed several more systems that are online. It was published on the Estes website...

https://www.freightwaves.com/news/big-gains-at-estes-in-recovery-from-cyberattack

Cyberattack victim Estes making ‘steady progress’

There was good news coming out of Estes Express on Friday as it concluded a full workweek severely hampered by a cybersecurity breach.

Estes, in a brief statement for the media and in an email sent to its customers and obtained by FreightWaves, said it was making progress in its “core systems.”

Estes is “excited to announce we’ve made steady progress on bringing many parts of our IT systems back online,” it said in the email.

And in the media statement, Estes said it was “pleased to report that...

https://www.freightwaves.com/news/cyberattack-victim-estes-making-steady-progress

Estes opens online portal for customers as cyberattack drags on

Estes Express, still suffering the impact of a cybersecurity breach, has set up an online portal to communicate with the company.

The page is a sign that the less-than-truckload carrier has at least one small facet of its website running, as the page is under the normal estes-express.com URL. But there is little else on the page except a form to be filled out by customers and other entities doing business with Estes.

At the top of the page is a declaration that Estes is “Open for Business.” And...

https://www.freightwaves.com/news/estes-opens-online-portal-for-customers-as-cyberattack-drags-on

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