Why this report matters:
The Transportation and Logistics sector is vital to global trade and commerce, responsible for moving critical goods worldwide. 2024 has seen this sector assailed via multiple cyber vectors, ranging from the fallout from geopolitical tensions to rapid digital transformation and an extremely fluid threat landscape.
This report illuminates the factors affecting the cybersecurity landscape of the Transportation and Logistics sector, notable attacks, key players, and threat actors responsible.
Key Takeaways
- Geopolitical Risks: Rapid digitization has compounded the digital side of these threats, threatening supply chain operations, particularly in geopolitically volatile regions.
- Hacktivism emerging as a major threat: Over the past few years, we have observed major, coordinated campaigns from Hacktivist collectives and state-sponsored cyber activity.
- Credential Theft/Initial Access Vectors: Compromised credentials gained from data breaches are frequently being used to gain unsanctioned access to critical management systems.
- Data Breaches: A successful breach of supply chains or their connected firms can affect operations ranging from cargo tracking and manifest management to disclosing a vast amount of sensitive consumer data
- Heightened Ransomware activity: Ransomware groups have taken a keen interest in the Transportation and logistics sector, with more incidences of major groups focusing on targeting logistics, storage, and critical transport systems.
