Fraud Watch: Uncovering the dark side of freight
Welcome to the inaugural edition of Fraud Watch, FreightWaves’ dedicated newsletter tackling the burgeoning crisis of freight fraud.
Welcome to the inaugural edition of Fraud Watch, FreightWaves’ dedicated newsletter tackling the burgeoning crisis of freight fraud.
The Transportation Security Administration has proposed a rule that would require cybersecurity risk management and reporting requirements for some freight and passenger railroads, as well as rail transportation.
As FreightVana CTO Don Everhart moves into his new role at Transflo, he answers FreightWaves’ questions on hot FreightTech topics.
An uptick in bad actors targeting trucks has raised concerns about the security of the de facto security protocol known as seed-key exchange.
Truckstop.com’s Brent Hutto discusses the company’s zero-tolerance policy toward fraud and its recent work with the FBI.
The National Motor Freight Traffic Association urges the transportation industry to protect sensitive info by learning how to secure APIs.
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 […]
New cyber-risk requirements for container terminal owners and operators are part of a major maritime cybersecurity initiative announced by the White House.
Insurance woes weigh down Knight-Swift earnings. Reading tea leaves with Covenant Logistics’ Q4 results; evolution of cybersecurity in the supply chain with Antwan Banks
Two leading execs at Estes Express, including an Estes family member, have presented a recap of the hack that took the LTL carrier mostly offline.
President and COO Webb Estes reviews restored functions, praises customers that stuck around.
Coming on the heels of the hack against LTL carrier Estes, an industry meeting maps out ways to battle cyberattacks.
Even as a Wall Street bank counts up the possible losses at Estes, the LTL carrier tells customers things are looking up.
Estes Express has opened up a web portal to communicate with customers amid a cyberattack on the LTL carrier.
There’s been a major technology failure at Estes Express, but it’s unclear whether it is a cyberattack.
During the NMFTA’s cybersecurity webinar, Guidacent CISO Drew Williams discussed ransomware’s toll on the trucking industry — and what carriers can do to protect themselves.
Orbcomm, a major provider of ELDs, has been hit by a ransomware attack, impacting its key product offering.
When the ELD mandate was put into effect, fleets across the nation became vulnerable to cybersecurity threats.
During the NMFTA’s monthly webinar, Perygee’s CEO shares how properly tracking little data helps transportation companies leverage big data insights across their organization.
“Almost all breaches end in a lawsuit. On average, those lawsuits are upwards of $10 million per company just to get back on your feet,” said the NMFTA’s Antwan Banks.
“Part of what worries us about trucks, in particular, is that the truck vehicle networks weren’t really designed to be put on the internet,” said NMFTA’s Ben Gardiner.
Internet-connected devices commonly used in the trucking industry can pose security risks, providing hackers entry points to access sensitive information within your organization.
In this edition: It might be time to change the password; new Container Atlas findings; and is it double brokering if it’s “responsible”?
During NMFTA’s June webinar, IT professional Chloe Callahan shares how industrial control systems are applicable to the trucking industry.
As the transportation industry continues to adopt more vehicle and internal technologies considered hackable, the importance of penetration testing takes center stage.
Miki Shifman, co-founder and chief technology officer for Israeli company Cylus, discusses the cybersecurity landscape for freight and passenger rail operations worldwide.
Freight and passenger rail carriers must develop actionable items to prevent a cyberattack from crippling the rail network, according to a new TSA security directive.
After initially blaming an “unplanned system outage” for its computer networks being knocked offline since early Monday, Apex Capital Corp. and its subsidiary, TCS Fuel, confirmed late Tuesday that both companies’ systems were targeted in a malware attack.
Truckload carrier C.R. England suffered a data breach last fall and this week informed its customers of the potential impact.
A former U.S. Army officer turned CEO explains the dangers of cyberwarfare, and why his company is working to protect trains, planes and tanks from getting hacked.
Hapag-Lloyd is keeping its guard up after discovering a copy of its website that could have been used to steal the logins of the shipping line’s customers and employees.
Global logistics firm Expeditors International says it is moving closer to restoring key systems two weeks after a cyberattack.
Expeditors International is desperately trying to recover from a major cyberattack that has degraded its logistics capabilities.
Global logistics provider Expeditors International shut down most of its operations systems after a cyberattack, limiting the ability to book shipments.
Security firm Sansec is urging e-commerce users of Adobe platforms to download an emergency patch following reports of hackers gaining access to customer payment information.
Ransomware attacks deliver more pain, important takeaways
Minnesota trucking company Bay & Bay Transportation says it was recently targeted in a ransomware attack for the second time since 2018.
Cybersecurity and large fleets: Risks of cyberattacks on the rise Cybersecurity is becoming a major topic in trucking due to recent publicized ransomware attacks against motor carriers. Ransomware is a […]
As ransomware attacks battered transportation and logistics companies in 2021, here are six things we learned about cybersecurity and freight.
Cylus raised $30 million in a recent funding round, bringing the company’s total funding to over $57 million.
Freight railroads will need to report cyber incidents and take steps to improve security under a new Transportation Security Administration directive.
Cybercriminals have attempted to sell network access for multiple shipping and logistics firms, opening the door for devastating ransomware attacks in the global supply chain, a new report warns.
An Inspector General audit has found that data, including fleet records, within FMCSA may not be safe from hackers.
Trucking firm Marten Transport discloses it was the victim of a cyberattack that may have exposed employee data after a ransomware gang briefly posted a claim of responsibility.
A Florida lawmaker says China is undercutting the container gantry crane market and increasing cyber-risks for U.S. ports.
Truck manufacturer Navistar faces a data breach lawsuit after disclosing that sensitive information about 49,000 people may have been exposed in hack.
The Transportation Security Administration will begin requiring U.S. air and rail operators to report cybersecurity incidents under new directives, the Department of Homeland Security secretary says.
Nine months after a ransomware attack on Forward Air, the company has notified current and former employees that sensitive personal information may have been exposed.
Port Houston officials said they successfully defended the port against an attempted hack in August and “no operational data or systems were impacted.”
Two ransomware gangs claim they attacked and stole data from freight factoring provider eCapital. But was the company actually hacked twice?
A ransomware attack on a maritime fuel storage provider in the Canary Islands likely didn’t live up to the hackers’ hype. But the incident reflects the very real cybersecurity risks facing the companies supporting the global shipping industry.
Kurt George of Property Damage Appraisers explains during a fireside chat at FreightWaves’ Cold Chain Summit why cold storage facilities are particularly vulnerable to ransomware attacks.
The cybercriminals who operate a dark web marketplace admit to hacking companies’ networks and stealing their data. But they say ransomware violates their moral code.
As employees return to the office, scammers are upping their efforts to scam companies and hack systems.
Regulators in China target two Full Truck Alliance apps in a cybersecurity investigation less than two weeks after the freight platform’s U.S. IPO.
A lawyer who specializes in cyber incident responses gives the inside story of what happened after a ransomware attack hit a trucking company.
As frightening as they appear, ransomware attacks are based on a simple concept of locking up data and effectively holding it hostage.
The Department of Justice seized most of the Bitcoin paid to the gang behind Colonial Pipeline cyberattack as the U.S. targets the “entire ransomware ecosystem.”
Canada Post says a cyberattack and data breach at an EDI supplier impacted 44 of its major parcel shippers and nearly 1 million of its customers.
The ransomware attack on Colonial Pipeline should serve as a wake-up call to the trucking and logistics sector, where companies keep getting targeted by hackers even though many incidents are preventable.
The cyberattack on Colonial Pipeline showed the devastation that ransomware can bring. GlobalTranz Chief Technology Officer Russ Felker explains what transportation and logistics companies can do to protect themselves, and why good cybersecurity starts at the basics.
An apparent ransomware attack has targeted Utility Trailer Manufacturing, one of the largest U.S. manufacturers of trailers for commercial trucks.
The FBI says the DarkSide ransomware gang was behind the cyberattack on Colonial Pipeline after the group insists it doesn’t intend to create “problems for society.”
As more shoppers turn to e-commerce, cybercriminals are taking advantage of lax security measures to target online fraud.
As hackers exploit the interconnectedness of the global supply chain to stage ransomware attacks, executives say technology and strategy are key to avoiding a knockout punch.
Faxinating Solutions, an EDI provider that works with some of the largest shippers in North America and IBM, says it was the victim of a ransomware attack.
Anne Reinke provides insight on current concerns and future opportunities as the president and CEO of TIA in keynote address.
“Robotics and automation are a way for industries such as manufacturing to remain competitive in ‘America 2.0.,’ but these advances in technology don’t come without risks,” said Mark Cuban.
The desire for supply chain software and technology that is tightly integrated and that works in tandem, through platforms and ecosystems, raises the specter of cybersecurity incidents that can very quickly metastasize.
Beer maker Molson Coors warns that a systems outage brought on by a cyberattack is causing delays and disruptions to shipments.
U.S. rail operator CSX says it is investigating a “data security incident” after a ransomware gang appears to have leaked personal information of employees and retirees.
The manager of a small U.S. trucking company recounts the harrowing experience of a ransomware attack and the troubling breach of its transportation management system.
A ransomware gang has leaked data related to Hyundai Motor America’s logistics operations after an apparent ransomware attack on the automaker and subsidiary Kia Motors America.
Forward Air’s CIO recommends hiring a CIO who has been through a crisis as an important step to prepare for a cyberattack.
What suggestions would you give new Transportation Secretary Pete Buttigieg? Our reporters share theirs in this FreightWaves roundtable.
DSC Logistics, a Chicago-area third-party logistics provider, says it was a victim of a ransomware attack after hackers threaten to release stolen data.
A catastrophic ransomware attack like the one that hit Forward Air is not inevitable. But transportation and logistics companies need to take cybersecurity seriously.
Medical records from UPS truckers and Norfolk Southern rail workers exposed as hackers leak data from a Virginia occupational health-care provider after an apparent ransomware attack.
U.S. short line rail operator OmniTRAX confirms it was the victim of a ransomware attack and data breach targeting its owner, Broe Group.
The proliferation of ransomware attacks in the trucking and logistics industry is leaving many firms in the position of deciding which is the lesser of two evils: paying the attackers or paying the price of refusing.
Hackers relentlessly targeted trucking and logistics companies throughout 2020. These five cyberattacks are among the worst incidents.
Coronavirus vaccines require extreme levels of protection from organized crime organizations, nation states and others looking to steal shipments or valuable data. The U.S. government is stepping in with extra help for industry, including escorts by U.S. marshals.
Forward Air is the victim of a ransomware attack. Freight is still moving through its network, but it’s become a paper-and-phone process to locate and tender freight and deal with back-office documentation.
In slightly modified statement from earlier, company says law enforcement has been contacted about cyber incident
Cybersecurity skills are among the gaps identified in GAO review of DOT’s workforce.
The “IT security incident” at Tennessee-based transportation and logistics firm Forward Air has the hallmarks of a cyberattack, potentially involving ransomware, according to experts.
The communication from the company to its customers said freight now moving will make it to its destination.
Laggards “didn’t wake up and smell the pandemic until February-March,” according to Bolstorff.
Cardinal Logistics Management, a large North Carolina trucking company, acknowledges “data event” after ransomware gang leaks thousands of files.
Whatever hit the company also impacted its phone system
As ransomware attacks target the supply chain, victims have to weigh the price of paying against the consequences of not.
Flatbed carrier Daseke says it moved to stop a cyberattack as ransomware group claims to have breached subsidiary E.W. Wylie.
French shipping giant says in a tweet expected some 24 hours earlier that all maritime and port operations are functioning normally.
A ransomware attack has hit TFI International’s four Canadian courier divisions, targeting Canpar Express, ICS Courier, Loomis Express and TForce Integrated Solutions.
As more companies shift long-term to remote work, the security and accessibility to data among employees creates a logistical issue if current systems are not up to the task.
Human error-related insurance claims represented over $1.6 billion in losses, according to insurance report.
Brannon Kuykendall and Mike Ellis are taking on new roles.
In the past decade, the number of cybersecurity events went up by over 700%.
Carriers urged to verify security safeguards from suppliers before installing devices.