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Ransomware attacks have become the mainstay of a billion-dollar industry that targets businesses including major multinational corporations, schools, government agencies and even hospitals. Increasingly, hackers also steal data.

There isn’t hard data on how often ransomware attacks occur in trucking and logistics because they most simply go unreported. Often their disclosure comes after the criminal groups responsible post sensitive stolen data to the dark web in a bid to shame victims into paying, according to 

Victims span from truckload management and logistics companies to the larger ecosystem of suppliers and customers.  

It appears that cybersecurity measures fail to keep pace with the rapid adoption of technology. 

The initial entry point could be a phishing email with a malicious attachment or link to malware, or an unpatched vulnerability in an aging piece of software, among others. A more sophisticated type of cyberattack, a supply-chain attack, leverages a third party, such as a software provider, to gain access. 

Hackers often linger in systems for weeks or even months before actually deploying ransomware. It gives them time to analyze systems, disable internal security and steal data. Having adequate security to prevent and mitigate these attacks can be complicated and requires multilayered defenses so that a company’s network isn’t brought down in the event of an attack. 

Prepared to dive into the world of futuristic technology? Attend INNOTECH 2023, the international convention and exhibition for cyber, HLS and innovation at Expo, Tel Aviv, on March 29th-30th

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