shipping (7)

10732913864?profile=RESIZE_400xThe Port of Los Angeles has been making headlines after sharing an eye-opening statistic; the port faces around 40 million cyber-attacks per month.  As the busiest port in the western hemisphere handling $250 billion of cargo each year this astounding number of attacks could wreak havoc on the supply chain and international commerce.

The number of attacks has more than doubled since the beginning of the Covid-19 pandemic. The pandemic has also impacted the port’s efficiency as workers were force

10051011299?profile=RESIZE_400xShipping is an indispensable part of modern life.  It is the lifeblood of the global economy, with numerous large companies (and their equally large container ships) perpetually moving goods from one corner of the earth to the other to provide consumers and industries with the necessities of life.  Due to the critical importance of shipping and receiving goods to most organizations, threat actors often use shipping as a lure for phishing emails: such as false invoices, changes in shipping delive

7224994052?profile=RESIZE_400xMilitary patrols working outside their forward operating bases (FOB) are categorized as “working outside the wire.”  This is often where reconnaissance patrols and military intelligence officers collect and gather valuable military intelligence to provide back to its unit, base, and section commanders to use in future proactive combat operations.  This is no different from what RedXray does in cyber security.  RedXray collects and analyzes indicators of compromise (IOCs) to help customers identi

4168185373?profile=RESIZE_710xSummary

This document summarizes threats reported by Red Sky Alliance’ RedXRay for one of the largest shipping/transportation companies in the world.  Analysts observed hits in most collections.  The name of the company will be redacted for this report, and the company will be referred to as “Shipping Co.”  Recent international events have caused a significantly higher risk for all industries but especially an industry in charge of transporting important commodities around the globe.  With many

3772879530?profile=RESIZE_710xFrom our Friends and Colleagues at Dryad:
The coronavirus outbreak in China has forced several countries to resort to stringent quarantine checks in their battle to contain the spread and the measures are starting to have a knock-on effect on the global commodities shipping market.

3852293469?profile=RESIZE_710xDelays in loading and delivery of cargoes in the tanker, dry bulk and container shipping segments are being reported due to ships being forced to sit idle amid a lack of crew availability.
Merchant ships arriving in A

3724012340?profile=RESIZE_710xChina Coverage of Report on the Cyber Vulnerabilities of Asian Ports

SUMMARY

Nanyang Technological University in Singapore has just released a report examining the economic losses expected if Asian port systems, including several in China, were subjected to a major cyber-attack.  This report did not assess the cyber vulnerabilities of Asian ports but rather postulated a major attack in order to calculate economic impact, with a focus on losses in the insurance industry.  The report concluded tha

Summary

Wapack Labs reports on the use of vessel names as lures in malicious emails.  Using the names of Motor Vessel (MV), or Merchant/Motor Tanker (MT) in the subject line, is a social engineering tactic used by attackers when sending malicious emails to companies related to the shipping industry.  Successful infiltrations into transportation related networks can result in the theft of valuable financial information or corrupt a system with damaging results.   This report provides details about