Shipping

FedEx lowers results on NotPetya Attack

Petya-Bitten Subsidiary will materially impact FedEx

In-brief: FedEx said its TNT subsidiary was still relying on manual processes more than a week after it was ravaged by the Petya wiper malware. The attack will materially impact the company’s financial performance in 2018, FedEx said in a filing with the SEC. 

Dear SEC: More Companies Warn on Financial Impact from Petya Infection

In-brief: the Petya outbreak has prompted a string of profit and earnings warnings from major firms, with more likely in the days and weeks ahead, as companies struggle to regain their footing after the damaging wiper attack. 

Verizon: Internet of Things Hacks Pose Little Risk – For Now

In-brief: Verizon said in its latest Data Breach Investigations Report that threats from Internet of Things technologies were more theory than practice in 2014, but that 2015 could see IoT devices play a role in breaches.

Supply Chain Hackers Use Short List of Techniques | Trend Micro

In-brief: Trend Micro notes that supply chain attacks are on the rise, with attackers relying on a short list of techniques including compromises of source code, firmware and so-called “watering hole” attacks.

Research Warns of Cyber-Physical Attacks Against Vessel Tracking System

Researchers at Trend Micro report that an analysis of a vessel tracking system that is mandated on most large sea vessels has found that it is vulnerable to a range of possible software- and radio-based attacks. The vulnerabilities could be exploited in ‘cyber-physical’ attacks against the Automated Identification System (AIS) that directed ships off course or confused officials by mis-reporting the actual location of vessels, the researchers found. Trend Micro researchers Marco Balduzzi and Kyle Wilhoit presented their research at the Annual Computer Security Applications Conference (ACSAC) in New Orleans this month. AIS is a global system for tracking the movement of vessels. It is intended to supplement marine radar and relies on ship, land and satellite-based systems to exchange data on ships’ position, course and speed and is used for everything from collision avoidance to security, ship-to-ship communications and weather forecasting.  AIS is required to be deployed on all passenger vessels and on international-voyaging ships […]