{"id":18666,"date":"2020-10-02T07:10:53","date_gmt":"2020-10-02T04:10:53","guid":{"rendered":"https:\/\/www.al-sindbad.net\/global-shipping-hit-by-back-to-back-cyber-attacks-heading-into-peak-season\/18666\/"},"modified":"2020-10-02T07:10:53","modified_gmt":"2020-10-02T04:10:53","slug":"global-shipping-hit-by-back-to-back-cyber-attacks-heading-into-peak-season","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/global-shipping-hit-by-back-to-back-cyber-attacks-heading-into-peak-season\/18666\/","title":{"rendered":"Global Shipping Hit by Back-to-Back Cyber Attacks Heading Into Peak Season"},"content":{"rendered":"

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The global shipping industry sustained a second cyber attack<\/a> within a week that\u2019s raising concern about disruptions to supply chains already straining to move goods heading into the usual peak season for consumer demand.<\/p>\n

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The International Maritime Organization, a United Nations agency that serves as the industry\u2019s regulatory body, said in a statement Thursday it has suffered \u201ca sophisticated cyber attack against the organization\u2019s IT systems.\u201d<\/a> A number of IMO web-based services are currently unavailable and the breach is affecting its public website and internal systems, it said.<\/p>\n

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RELATED POST: IMO Cyber-attack Has Serious Implications<\/a><\/strong><\/em><\/p>\n

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That attack followed the disclosure earlier this week by closely held CMA CGM SA, the world\u2019s fourth-biggest container liner by capacity, that its information systems were compromised<\/a>. The Marseille, France-based company said Thursday that offices are \u201cgradually being reconnected to the network thus improving the bookings\u2019 and documentation\u2019s processing times.\u201d<\/p>\n

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\u201cWe suspect a data breach and are doing everything possible to assess its potential volume and nature,\u201d the company said in an emailed statement. CMA CGM is among the world\u2019s five leading container liners that account for 65% of global capacity, according to Alphaliner data.<\/p>\n

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A rash of cyber incidents has afflicted the shipping industry in recent years, the biggest of which was an intrusion that cost Copenhagen-based A.P. Moller-Maersk A\/S about $300 million<\/a> in 2017.<\/p>\n

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The Maersk incident \u201chas clearly drawn the attention of scammers and cyber criminals who realized that the shipping industry is acutely exposed,\u201d said Ken Munro, a security specialist at Pen Test Partners, a cyber-security company with clients in the maritime industry. \u201cIf shore-based systems aren\u2019t available to book containers, ships can\u2019t load and can\u2019t generate revenue. Targeted attacks against shipping lines are therefore lucrative for ransomware operators.\u201d<\/p>\n

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While it\u2019s too soon to say whether the recent attacks will prove to be a brief irritant for global trade or a trigger of wider damage, logistics experts like Bloomberg Intelligence\u2019s Lee Klaskow say the cyber threats are a \u201cnear-term headwind and headache for sure.\u201d<\/p>\n

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The timing of the latest acts of cyber piracy is particularly bad for shipping liners that are still waiting to see some normalcy restored to their seasonal cycles.<\/p>\n

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The pandemic threw supply chains out of sync for everything from paper towels and face masks to trampolines and computer monitors, as consumers were forced to work from home and purchase necessities online.<\/p>\n

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The demand on shippers, which reduced capacity initially in anticipation of deep recessions caused by Covid-19 lockdowns, hasn\u2019t really abated because e-commerce purchases have stayed strong and companies are restocking inventories.<\/p>\n

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As a result, the benchmark cost to move cargo containers across the Pacific has tripled since the start of the year.<\/p>\n

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\u2013With assistance from Alex Longley.<\/p>\n

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\u00a9 2020 Bloomberg L.P<\/em><\/p>\n

gCaptain<\/p>\n","protected":false},"excerpt":{"rendered":"

The global shipping industry sustained a second cyber attack within a week that\u2019s raising concern about disruptions to supply chains already straining to move goods heading into the usual peak season for consumer demand. The International Maritime Organization, a United Nations agency that serves as the industry\u2019s regulatory body, said in a statement Thursday it …<\/p>\n","protected":false},"author":1,"featured_media":14833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[4984,5641,2176,1375,3721,1280,5429,1146,62],"class_list":["post-18666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marine-world","tag-attacks","tag-backtoback","tag-cyber","tag-global","tag-heading","tag-hit","tag-peak","tag-season","tag-shipping"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/18666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=18666"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/18666\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/14833"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=18666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=18666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=18666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}