Tag: maritime
Cyber-piracy on the high seas
Escalating geopolitical instability in the South China Seas and The Red Sea are being seen as the root cause behind a rapid rise in cyber-attacks on commercial shipping, as well as a sharp increase in cyber-assisted piracy. “The risk has escalated significantly in the past year due to heightened geopolitical tensions and increased cyber capabilities of threat actors…The average cost per data breach now exceeds $545,000 for a shipping organization,” says Freight Right Global Logistics CEO Robert Khachatryan. According to C. Todd Doss, Senior Managing Director at Guidepost Solutions: “Over the past year, these risks have escalated notably. Reports indicate that cyber-attacks on maritime infrastructure and vessels increased by over 20% in 2023 compared to the previous year .”
I-Soon Leak Offers Glimpse Into Chinese Hacking Campaigns – February 22nd
The Chinese Police reported on a nation-state sensitive data leak on Chinese company, I-Soon. The data uncovers in detail, methods used by Chinese authorities to surveil dissidents, and hacking networks across Central and Southeast Asia.