Rise in Cyber-Enabled Cargo Thefts Impacting Logistics Sector

The National Motor Freight Traffic Association reported an increase in sophisticated cyber intrusion-driven cargo thefts, which are now surpassing traditional methods in the logistics and transportation sector. Crime syndicates are employing both cybercriminal techniques and standard deception methods to compromise shippers, carriers, and brokers, leading to ransomware deployment, data exfiltration, and extortion.