Maersk and COSCO Ransomware Attacks Hit The Transportation Industry

Ransomware removal analysts have warned the threat of ransomware creeping into the transportation industry. With shipping giants like COSCO and A.P Moller Maersk crippled with ransomware offensive, anyone can expect an unauthorized access through a ransomware.

Early in the year, Maersk Chairman Jim Hagemann Snabe uncovered new information concerning their entanglement with the ransomware attack. An assessment detailed the company’s losses escalating around $300 million. These losses include ransomware removal and recovery processes that consisted of IT services on 4,000 servers, 45,000 PCs and 2,500 applications in the span of 10 days.

It may be argued that the IT network in individual American transportation businesses may differ from Maersk, depending upon an organization’s requirements. However, ransomware removal professionals believe that there are certain resemblances shared by each of these businesses. These semblances can be related to a company’s IT systems for supply chain and logistical processes.

These attacks have forced countless professionals in the industry to reflect upon their IT security. One of them was Robert Loya. Mr. Loya who is working as a director of operations at CMI Transportation, stated that other transporters did not take the ransomware threats seriously before these attacks.

Mr. Ron Godine, the vice president of TMW Systems has a different point of view. Mr. Ron believes that ransomware attacks may have attacked a bigger number of carriers but the affected victims may not have made the details of the infiltration public.

Ransomware removal experts think that the reason behind this mindset is to save the image of the organization. When news headlines associate an organization dealing with a ransomware infiltration, it causes both the organization’s clientele and partners to lose faith.

Therefore, the best solution for transportation companies is to adopt the latest IT security measures that can tackle issues related to ransomware removal, recovery, backups and other critical security issues.


Related Posts

No results found.