That attack followed the disclosure earlier this week by closely held CMA CGM, the world’s fourth-biggest container liner, that its information systems were compromised. The France-based company said on Thursday that offices are “gradually being reconnected to the network, thus improving the bookings’ and documentation’s processing times.”
The Maersk incident “has clearly drawn the attention of scammers and cyber-criminals who realise that the shipping industry is acutely exposed”, said Ken Munro, a security specialist at Pen Test Partners, a cyber-security company with clients in the maritime industry. “If shore-based systems aren’t available to book containers, ships can’t be loaded and can’t generate revenue. Targeted attacks against shipping lines are therefore lucrative for ransomware operators.
The timing of the latest acts of cyber-piracy is particularly bad for shipping liners still waiting to see some normalcy restored to their seasonal cycles. The pandemic threw supply chains out of sync for everything from paper towels to computer monitors, as consumers were forced to work from home and purchase necessities online.
The demand on shippers, which reduced capacity initially in anticipation of deep recessions caused by Covid-19 outbreaks, hasn’t really abated since lockdowns ended because e-commerce purchases have stayed strong and companies are restocking inventories.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global shipping industry attacked by cyber-piratesThe vulnerability of global supply chains is being exposed by cyber-attacks, leading the UN to work with the International Maritime Organisation
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: Rand has fifth day of gains with global equities down on Trump’s Covid-19 newsThe JSE all share fell 0.42% and the top 40 0.52%, with gold miners up and banks down
Source: BDliveSA - 🏆 12. / 63 Read more »
Global shipping industry attacked by cyber-piratesThe vulnerability of global supply chains is being exposed by cyber-attacks, leading the UN to work with the International Maritime Organisation
Source: BDliveSA - 🏆 12. / 63 Read more »