Ransomware

New Coast Guard Cyber Command report shows threats are rising

U.S. Coast Guard Cyber Command (CGCYBER) has released its second annual Cyber Trends and Insights in the Marine Environment (CTIME) report.

Since December 2020, CGCYBER has rapidly developed resources, capabilities, and partnerships to protect the ME from increasing cyber threats. The observations and findings in this report provide Coast Guard units and port partners with relevant information to identify and address cyber risks. Coast Guard Cyber Protection Teams (CPTs) and the Maritime Cyber...

https://www.marinelog.com/legal/safety-and-security/new-coast-guard-cyber-command-report-shows-threats-are-rising/

Ransomware a threat to the trucking industry

Ransomware is a type of malware that infects your system, files or data, then encrypts it, blocking your access to it until you pay a sum of money.

Though such a nightmarish situation may sound exceedingly rare or like a threat only large companies need to be concerned with, ransomware is all too common and impacts businesses of all sizes, including trucking and logistics companies. In fact, transportation businesses are prominent targets of ransomware attacks, along with health care...

https://www.freightwaves.com/news/ransomware-a-threat-to-the-trucking-industry

Attack On The Port Of Lisbon With Ransomware

Credit: michael-geiger-unsplash

A recent news article published in the Technewsboy states that Port Of Lisbon Hit By Ransomware Attack.

Port of Lisbon hit with a ransomware

One of Europe’s busiest seaports, the Port of Lisbon, has been hit with a ransomware(opens in new tab) attack that knocked some of its digital systems offline.

“All safety protocols and response measures provided for this type of occurrence were quickly activated, the situation being monitored by the National Cybersecurity...

https://mfame.guru/attack-on-the-port-of-lisbon-with-ransomware/

Cybercriminals Emboldened by Underground Ransomware Economy

While ransomware continues to be a headline-grabbing topic, there’s ultimately a relatively small, connected ecosystem of players driving this sector of the cybercrime economy. The specialization and consolidation of the cybercrime economy has fueled ransomware as a service (RaaS) to become a dominant business model, enabling a wider range of criminals, regardless of their technical expertise, to deploy ransomware, reports an article published on their website.

Threat Briefing

New business model...

https://mfame.guru/cybercriminals-emboldened-by-underground-ransomware-economy/

Ransomware target Apex Capital declares systems ‘back up and running’

A laptop keyboard with a yellow "ransomware key" Multiple companies in the Canadian supply chain have been targeted by ransomware attacks including Manitoulin Transport.

A week after Apex Capital Corp. and its subsidiary, TCS Fuel, were targeted in a ransomware attack that knocked its computer systems offline, a company executive said Monday that it’s business as usual.

“Our networks for Apex and TCS are back up and running,” Sherry Leigh, chief product and marketing officer at Apex, told FreightWaves. 

Ransomware gang BlackByte claimed responsibility for infecting the operating systems of Apex Capital, headquartered in Fort Worth, Texas, which, in turn, shut...

https://www.freightwaves.com/news/ransomware-target-apex-capital-declares-systems-back-up-and-running

Keep Watch for Cyberattacks this Memorial Day Weekend

Keep an eye out for cyber abnormalities through Memorial Day weekend. Such attacks are known to strike during holidays.

Graham Gonzales, Director of Strategic Accounts at Reliance Partners, joined WHAT THE TRUCK?!? to encourage all members of the supply chain to ramp up their security efforts as pulling off a cyberattack is easier than you may think during a holiday weekend.

“Now’s a great time for a cyberattack to happen, unfortunately, because there’s less staff and fewer systems that can...

https://www.freightwaves.com/news/keep-watch-for-cyberattacks-this-memorial-day-weekend

Op-Ed: IRPT takes its own pulse on cybersecurity

by James A. Kearns, Jones Walker LLP

For cyber bad actors, especially those for whom ransomware is just another business model, no target is too small. This flies in the face of frequently seen, front-page discussions of cybersecurity for maritime facilities, which typically cite examples of cyberattacks on large infrastructure elements, such as the highly publicized breach of Colonial Pipeline’s network. Strikes on smaller infrastructure components, however, including last year’s ransomware...

https://www.marinelog.com/perspectives/op-eds/op-ed-irpt-takes-its-own-pulse-on-cybersecurity/

Expeditors outlines severity of cyberattack, partially resumes operations

Close up Expeditors brand name on building.

Expeditors International, a top-five freight management company by revenue, disclosed Wednesday that last month’s cyberattack will have a “material adverse impact” on finances and that it will be late filing its 2021 annual report because of difficulty accessing information on its accounting systems.

In a separate notice to the Securities and Exchange Commission, the logistics provider said it is making progress returning to normal operations but is unable to estimate when it will resume full...

https://www.freightwaves.com/news/expeditors-outlines-severity-of-cyberattack-partially-resumes-operations

Global logistics giant Expeditors suffers cyberattack, shuts down operations systems

A building seen at night with the logo of the company Expeditors in front

Logistics giant Expeditors International has shut down most of its operations systems after being targeted in a ransomware attack, the company said. 

The effects on the Seattle-based company’s operations have been widespread.  

“While our systems are shut down we will have limited ability to conduct operations, including but not limited to arranging for shipments of freight or managing customs and distribution activities for our customers’ shipments,” Expeditors said in a statement Sunday.

The...

https://www.freightwaves.com/news/global-logistics-giant-expeditors-suffers-cyberattack-shuts-down-operations-systems

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