ransomware

What Happened: A U.S. government task force has reportedly seized more than $2.3 million, out of the $4.3 million, in Bitcoin, which was used to pay the ransom in an attack on the Colonial Pipeline system. Officials from the Department of Justice said in a press conference on Monday ...

For most of 2020, the pandemic-shaped year, COVID-19 wreaked havoc on the food and restaurant industry. Analysts hoped rising consumer demand for alternative foods would offset the strangled foodservice channel but industry players had a difficult time to adapt to a new era and Beyond Meat (NASDAQ...

In case they needed one, the transportation and logistics industry got a reminder — in the form of the ransomware attack on Colonial Pipeline — of the kind of havoc hackers can wreak on businesses and their customers. The shutdown of a vital supplier of the diesel that keeps trucks moving could...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the latest coverage of the cyberattack that shut down the Colonial Pipeline, along with more industry news. The High Five 1. Colonial Pipeline, which carries fuel from the Gulf Coast...

The Justice Department (DOJ) has formed a task force to curb the ransomware cyberattacks and target the digital ecosystem that supports the attacks, the Wall Street Journal reports. Acting Deputy Attorney General John Carlin’s internal memorandum stated that the cyber threats...

Colorado-based short line rail operator and logistics provider OmniTRAX was hit by a recent ransomware attack and data theft that targeted its corporate parent, Broe Group. OmniTRAX confirmed to FreightWaves that the cyberattack had occurred after the Conti ransomware gang posted stolen data from...

Ransomware hackers have claimed they attacked a Texas customs broker and freight forwarder Daniel B. Hastings, posting files they purportedly stole in an apparent attempt to extort the Laredo-based company.  The extent of the apparent attack and data breach was not immediately clear. Hastings did...

Tyler Technologies, Inc’s (NYSE: TYL) services were disrupted on Wednesday on account of a hacking, Reuters reported. What Happened: The Plano, Texas-based company, whose services are used by election officials to display results, told Reuters by email that an unknown party had hacked its...

The transportation industry was slow-moving toward fast-tech. But today, freight tech has revolutionized the brokerage business through digital freight matching, and commercial trucks commonly travel with dashcams, electronic logging devices (ELDs) and trailer trackers. After tech overcame...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Be aware of the malicious work e-mail. The new message in your inbox, seemingly from your boss or human resources, is actually the most...

Total Quality Logistics (TQL) says it will continue to work with an expert cybersecurity firm to find out how external hackers breached its IT systems and gained access to some carriers' sensitive business information. Tom Millikin, corporate communications manager of TQL, told FreightWaves the...

Truckstop.com said ransomware was behind a weeklong outage that affected sites including its load board, online carrier safety vetting and payment services.  The ransomware attack occurred on Friday, Dec. 20, Truckstop.com said in a statement. The company first notified users publicly the next day...

Some trucking companies that haul overweight loads say they were unable to obtain permits on Nov. 18 because of a ransomware attack that crippled many state agencies in Louisiana. State websites and online services — including those of the Department of Transportation and Development (DOTD) and...

Experts said it wouldn't take long for a brand-new cyberattack to cripple computers around the world. They were right. Just weeks after a ransomware virus called “WannaCry” hit the world, a new wave of cyberattacks hit roughly 150 countries Tuesday, with the heaviest concentrations...