FBI Warns of Surge in Cyber-Enabled Cargo Theft Impacting Logistics
Why it matters: Indian transportation and logistics companies must enhance cybersecurity defenses and supply chain vigilance to mitigate similar global cyber-enabled cargo theft risks.
The FBI has issued a warning regarding a significant increase in cyber-enabled cargo theft, primarily targeting the transportation and logistics industry. This trend is projected to cause substantial financial losses, estimated at nearly $725 million in the United States and Canada by 2025. Cybercriminals are increasingly leveraging digital methods to facilitate the physical theft of goods and disrupt supply chains.
Source: BleepingComputer