A reliable flow of goods is essential for a healthy economy and to ensure the population has the supplies it needs. The digital transformation of the logistics industry has been the largest contributor to the optimization of workflows and processes and created more transparency in supply chains. Logistics 4.0 is characterized by IT networking and automated processes. However, the digitalization of the logistics industry does not bring only advantages, because the dynamic transformation of systems neglects some security factors:
For example, outdated servers, unpatched systems or a lack of employee expertise can lead to risky security gaps. Cyber criminals are offered plenty of attack vectors to penetrate internal systems. Company-wide e-mail communication is one of the most frequently used gateways for hacker attacks. With phishing, malicious attachments and links to fake websites, cybercriminals have particularly high chances of successful attacks.
The lynchpin of the economy targeted by hacker attacks
As one of the world’s largest and most important industries, the logistics sector is increasingly being targeted by cyberattacks. But how vulnerable is it compared to other industries? What are the purposes of hackers’ attacks on specific companies? What attack techniques are the affected companies exposed to? In the “Cybersecurity Special – Cybercrime threatens the future of the logistics sector” the security experts from Hornetsecurity provide answers to these questions. The Hornetsecurity Security Lab analyzed about 1,000 domains with the largest email volume and was able to identify the top 10 industries worldwide that were particularly affected by cyberattacks via email in 2019.
Following the energy sector, the logistics industry is particularly threatened by hacker attacks. The analysis by the security experts at Hornetsecurity found that around 14 percent of the companies at risk from malicious emails are part of the logistics industry. The disruption of tightly timed operations within logistics companies can have unexpected consequences: from the theft of sensitive company data to the shutdown of important supply chains. The demonstrable increase in cybercrime and numerous examples of successful hacker attacks on companies in the logistics industry underscore the relevance of comprehensive IT security in companies.
Hornetsecurity takes a detailed look at the current threat situation in which logistics companies find themselves, based on in-depth analyses of past and current cyberattacks, and explains the tactics behind the various types of attacks on the logistics industry. In addition, the security experts analyze how a malware campaign approaches a company to find a potential target for the attack. It is clear that the danger posed by cyberattacks on logistics is far greater than generally assumed – the results of the research, summarized in the Cybersecurity Special, provide an alarming overview.