CloudStrike, Microsoft give updates, troubleshooting tips after IT glitch

CloudStrike and Microsoft have released troubleshooting solutions after a global tech outage disrupted business across several industries and grounded thousands of flights Friday morning.

As far as freight is concerned, it appears the outage has caused issues mainly for airlines, as rail and maritime are not reporting notable outages. Outages affecting trucking freight have not been reported.

U.S. cybersecurity company CloudStrike says a software update rolled out to customers on Windows devices...

https://www.freightwaves.com/news/cloudstrike-microsoft-give-updates-troubleshooting-tips-after-it-glitch

Addressing third-party security risks

Cybersecurity has been a growing concern for freight and logistics companies over the past few decades. By now, all major companies have at least some online presence and have taken efforts to protect data. However, only 54% of companies around the globe include third-party risk management in their cybersecurity programs.

Third-party risk management, a key point of emphasis for the National Motor Freight Traffic Association, Inc. (NMFTA), is the process of monitoring and managing interactions...

https://www.freightwaves.com/news/addressing-third-party-security-risks

Port-IT Launches Naval Wolf Vulnerability Management for Maritime Cybersecurity

Port-IT is excited to introduce a new addition to its cybersecurity portfolio: Naval Wolf Vulnerability Management. This service is specifically tailored for the maritime industry, meeting the mandatory requirements of the new IACS E26 & E27 regulations for newly built vessels.

Addressing Maritime Cybersecurity Threats

As maritime cybersecurity threats become more complex, the need for comprehensive security solutions is critical. Traditional security measures often fail to identify and address...

https://mfame.guru/port-it-launches-naval-wolf-vulnerability-management-for-maritime-cybersecurity/

Addressing API security in the trucking industry

As the trucking industry continues to become increasingly reliant on software and digital infrastructure, organizations like the National Motor Freight Traffic Association (NMFTA) aim to make application programming interfaces (APIs) more secure. 

As any disruptions to the trucking industry have wide-reaching impacts on the economy and present serious national security risks, commercial transportation security concerns are now more vital than ever. 

The NMFTA is dedicated to cybersecurity, as...

https://www.freightwaves.com/news/addressing-api-security-in-the-trucking-industry

White Paper: Carriers Weigh In on State of Cybersecurity

Cybersecurity concerns are becoming increasingly common as cyberattacks and ransomware breaches make headlines throughout the logistics industry. Over half of carriers recently surveyed have either been directly impacted by a security issue or seen their peers impacted.

In this new white paper, Trimble and FreightWaves address the state of cybersecurity, overall perception of threats in the industry, and how carriers are managing security in their own fleets.

Insights Include:

  • Risks associated...

https://www.freightwaves.com/news/white-paper-carriers-weigh-in-on-state-of-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