Supply chain businesses still unprepared for cyberattacks — survey

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In July, the FBI sent an alert to trucking companies advising them of the potential for their electronic logging devices to be hacked. While the FBI told FreightWaves the alert was not in response to any specific threat, it did raise alarms in the industry.

How vulnerable to a hack is the transportation industry?

In October 2019, a panel at the American Trucking Associations’ Management Conference & Exhibition discussed a report that found businesses in the trucking industry and overall supply chain were the fifth most at risk of a cyberattack. Threats against the industry had increased 100-fold in just four years, the experts on the panel said.

If a new Travelers Cos. (NYSE: TRV) risk survey is accurate, not only is the industry still vulnerable a year later, it also isn’t prepared to address cyberattacks.

“With more employees relying on their ability to connect with company systems from remote locations, and many consumers preferring online transactions in an age of social distancing, it’s more important than ever for companies to do all they can to mitigate exposure to cyber threats,” Tim Francis, enterprise cyber lead at Travelers, said in a…

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