Cybercriminals stealing global cargo

Cybercriminals are exploiting remote tools to steal global cargo worth USD 34 billion, according to data cited from the US’ National Insurance Crime Bureau by Proofpoint researchers. They have identified cybercriminal activity targeting trucking and logistics companies, using legitimate remote monitoring tools to steal cargo freight and physical goods. The research details how criminal groups are adapting to the digitisation of global supply chains, with cyber-enabled theft now driving a shift in traditional cargo theft methods. Organised crime groups, according to Proofpoint’s assessment, are working with threat actors who compromise carriers and freight brokers in order to bid on, hijack, and ultimately steal valuable freight. India is among the hotspot countries. Commonly targeted goods range from food and beverages to electronics and energy drinks, as per a report.

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