For many people working in transport and logistics, 2017 was a year of reckoning with a new era of cyber threat. In a year that began with allegations that state-sponsored hacking was used to influence the US Presidential Election, followed hotly by two of history's most devastating ransomware attacks, WannaCry and NotPetya, scarcely a day went by without cybercrime dominating the headlines.
What's in This White Paper
This white paper provides an impartial look at security and data privacy in a networked supply chain. It is designed to help logistics professionals understand the current threat landscape and take practical steps to protect their organisations.
The State of Cybercrime
The cybercrime ecosystem is far more complex than many people realise. It is not simply a matter of lone hackers operating from darkened rooms. Rather, it is a complex ecosystem of hackers, facilitators and funders — each playing a distinct role in a sophisticated criminal enterprise. Understanding this ecosystem is the first step toward building an effective defence strategy.
The Threat to Logistics
The logistics industry faces a unique set of cyber security challenges. This section of the white paper examines the key areas of concern for logistics companies, from the vulnerability of legacy systems and IoT devices to the risks posed by third-party access and the increasing sophistication of targeted attacks. The interconnected nature of modern supply chains means that a breach at any point can have cascading consequences across the entire network.
The Future of Data Privacy
Major short-term investment is needed in overhauling cybersecurity practices across the logistics sector. With evolving data privacy regulations and increasing enforcement actions, companies that fail to invest now will face not only the risk of devastating cyberattacks but also significant regulatory penalties. This section outlines the changes on the horizon and the steps logistics companies must take to stay ahead of both the threat and the regulatory landscape.
The interconnected nature of modern supply chains means that a breach at any point can have cascading consequences across the entire network.