Cloudflare survey finds cyberattacks and fraud flourishing in logistics [Video]

IT provider Cloudflare recently released a survey on cybersecurity and fraud in the supply chain and logistics sectors, revealing a rapidly growing threat landscape.

As companies in the industry become more reliant on digital infrastructures, the interconnected systems of global supply chains have become prime targets for increasingly sophisticated cyberattacks.

“With freight being a critical component of the global supply chain, it’s no surprise that scams on these organizations have been flourishing, with no signs of stopping or slowing,” said Blake Darché, head of threat intelligence and Cloudforce One at Cloudflare, in an email to FreightWaves. “Cloudflare has already been leveraging advanced machine learning to help us pinpoint phishing attacks before they happen. … But as with any cutting-edge technology that helps defenders innovate and harden security models, it also helps attackers advance their skills and the sophistication of their attacks. While AI will play a large role in combating phishing, it will simultaneously play a large …