Cyber firm warns that hackers are teaming up with crime rings to hijack cargo — phishing emails and social engineering deployed to steal physical shipments
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AI GeneratedHackers are collaborating with organized crime rings to steal physical shipments by posing as brokers or carriers, deploying malware, and rerouting freight, according to cybersecurity firm Proofpoint. They target freight brokers and trucking carriers with phishing emails and social engineering tactics to manipulate shipment details. Proofpoint has observed nearly two dozen campaigns in the last two months involving at least three criminal groups, describing it as a "marriage of cybercrime and organized crime." Cargo theft in the U.S. is on the rise, with losses estimated at $35 billion annually, and the origin of these threat actors remains unclear.