Home / Shipping / Aviation/ Cosco Shipping targeted in ransomware attack

Cosco Shipping targeted in ransomware attack


Comments / {{hitsCtrl.values.hits}} Views / Monday, 30 July 2018 00:00


COSCO Shipping Lines, the container shipping arm of state conglomerate China Cosco Shipping Group, has been hit by a cyber attack that has disabled its IT systems in the US.

A customer notification from the company confirmed the breakdown of its networks and systems in the US, with services such as slot booking and emails being affected. The cause was not identified. An internal email to the company’s Chinese employees, seen by Lloyd’s List, stated that the overseas office had suffered a ransomware attack. It requested an inspection of computers with anti-malware software and ask staff not to open “suspicious” emails. A Cosco Shiping spokesperson said the cause of the systems failure was being verified.

Systems in CSL’s Chinese headquarters and offices outside the US were not affected, while operations of vessel terminals were normal, according to the notification.

CSL recommended US-related clients to submit booking requests, shipping instructions and amendments by using the e-commerce service on its website.

 “Some parts of your emails may be missed or delayed. Please keep tracing your shipment via ‘cargo tracking’ at our official website,” the company said.

It said it was assessing the incident and taking measures to minimise the impact of on business.

The attack comes a year after Maersk Line sustained a severe blow from a ransomware attack, which cost the Danish carrier up to $300m. Maersk’s terminal operating arm, APM Terminals, was severely affected by that attack, which saw operations at many of its terminals severely curtailed as the company struggled to regain control of key systems. Its fully automated flagship Maasvlakte II terminal was forced to stop operations for over a week.

Law firm Mishcon de Reya warned that the fragmented nature of shipping left it open to cyber threats and that the International Maritime Organization should take a lead in ensuring that the industry had stricter security standards.

 


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

The Brahmin footprint in Sri Lankan history

Saturday, 17 November 2018

It is generally said that there are no genuine “Sri Lankan” Brahmins in the island today, and that those Brahmins who officiate as priests in Hindu kovils (temples) are of Indian origin with close ties with Tamil Nadu.


Country paying for Sirisena’s childlike behaviour

Saturday, 17 November 2018

Many were surprised on 26 October to see former President Rajapaksa being appointed Prime Minister by the very man who defeated him a couple years ago, at a considerable risk to himself and to those who helped him win the election. Then events beca


The JR-MR effect

Saturday, 17 November 2018

Sri Lanka over the last few weeks has experienced a twin crisis. One is political provoked by its Constitution, and the other economic engendered by its politics. However, this crisis is the combined effect of two previous presidencies, those of J.R.


The fish that swallowed the whale

Friday, 16 November 2018

This is an easy-peasy, elementary effort of an ordinary citizen to comprehend the mad scramble for power among the political class. It is undertaken in the belief that the crisis we face is an opportunity to reject the family kleptocracy of Mahinda R


Columnists More