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Logistics is a critical business for all of us. Around 60% of the worlds seaborne trade travels through inter-modal or containerized transport and as other industries like financial services improve their security, its no wonder that the logistics business is becoming a target for hacking.
The NotPetya attack of 2017 was a wake up call to the big firms like of Maersk. But without the haulage firms to get the containers from the ports to the end client the supply chain clogs up and quickly. With Just In Time (JIT) manufacturing principle in operation across many manufacturers and the reliance on road transport for fresh produce, small delays in getting products from A to B becomes a real and considerable issue.
With the smaller operators being hit really hard. A ransomware with a price tag of $200,000 becomes a real issue for cash flow and profits. It could mean the difference between staying afloat or going under.
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