#identity-theft
(5 articles)How a $1.7M Cargo Theft Exposed Supply Chain Cyber Vulnerabilities
Global Protection Corp. fell victim to a sophisticated cyber-enabled cargo theft that cost the company approximately $1.7 million in ONE Condoms and lubricant products destined for Walmart. The attack
Cyber-Enabled Cargo Theft: $1.7M Condom Shipment Diverted via Phishing
A sophisticated cargo theft scheme targeting a $1.7 million shipment of condoms and personal lubricant bound for Walmart reveals a troubling evolution in supply chain crime. Rather than traditional ph
DOJ Takes Aim at Organized Cargo Theft Beyond Physical Crimes
The Department of Justice has released an implementation letter signaling a major shift in how federal authorities will address cargo theft—moving beyond traditional warehouse break-ins and trailer th
Cargo Theft Evolved: Digital Fraud Now Outpaces Physical Theft
The freight industry faces a structural shift in cargo theft that predates recent FBI warnings by several years. Rather than physical theft at yards or truck stops, organized cybercriminals now interc
Cargo Theft Real Cost: $40-60B Annually, Not $6B
Industry statistics on cargo theft and freight fraud severely underestimate actual losses due to a significant 'visibility gap' between reported incidents and real-world occurrence. While official dat