Supply chain disruptions have made headlines since the onset of the COVID-19 pandemic, and it’s not slowing down when it comes to cargo theft.
Recently released 2022 data shows that events involving the theft of cargo across the U.S. and Canada increased by 20% year-over-year, according to a study by CargoNet, and more avenues for exploitation are opening as carriers onboard more technology.
Cargo theft continues to plague the supply chain, and experts say cyberattacks as a tactic are becoming more prevalent.
Danny Ramon, intelligence and response manager at Overhaul, said cyberattacks resulting in cargo theft have previously been seen primarily on the West Coast but have begun to migrate east to Indiana, Illinois and recently in Kentucky. Overhaul, a supply chain visibility, risk management and security provider that has mitigated the loss of over $226 million in cargo value through real-time interventions and recoveries, recently acquired SensiGuard security services from Sensitech to boost its capabilities in mitigating risks associated with cargo theft.
“The availability of digital information on a lot of these loads – even just on the public Internet, whether that's load boards or something like that – is pretty ridiculous,” Ramon said. “If you go beyond that and try and imagine if they were to perform some sort of cyberattack and actually get into the systems or networks of some of these carriers, they could really wreak some havoc.”
