Hackers are infiltrating trucking and freight companies in a scheme to steal and sell cargo shipments, a growing campaign that could end up costing companies and consumers billions of dollars, according to new cybersecurity research.Sunnyvale, California-based Proofpoint Inc. said it has “high confidence” that the hackers are working with organized crime groups to pull off the cargo thefts. The attackers are particularly targeting trucking carriers and freight brokers, seeking to infect their computer netwo ...

In the dynamic and often perilous world of freight and logistics, vulnerabilities can manifest in both unexpected and routine operations. Today’s supply chain is so complex that the many moving parts provide ample opportunity for crime and fraud. It’s a fact that organized groups are hijacking goods in North America with alarming frequency. Cargo theft incidents surged by more than 57 percent in 2023 alone, tallying losses amounting to $130 million. The recent surge in cargo fraud and cybercriminal activ ...