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Ransomware Attack Hits Short Line Rail Operator OmniTRAX
Monday, January 11, 2021 - 9:03am | 681Colorado-based short line rail operator and logistics provider OmniTRAX was hit by a recent ransomware attack and data theft that targeted its corporate parent, Broe Group. OmniTRAX confirmed to FreightWaves that the cyberattack had occurred after the Conti ransomware gang posted stolen data from...
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Ransomware Hackers Claim Attack On Texas Customs Broker
Wednesday, October 7, 2020 - 5:00pm | 516Ransomware hackers have claimed they attacked a Texas customs broker and freight forwarder Daniel B. Hastings, posting files they purportedly stole in an apparent attempt to extort the Laredo-based company. The extent of the apparent attack and data breach was not immediately clear. Hastings did...
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Government Software Provider Tyler Hit With Ransomware Attack
Thursday, September 24, 2020 - 2:47am | 361Tyler Technologies, Inc’s (NYSE: TYL) services were disrupted on Wednesday on account of a hacking, Reuters reported. What Happened: The Plano, Texas-based company, whose services are used by election officials to display results, told Reuters by email that an unknown party had hacked its...
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Fintech Focus For August 31, 2020
Sunday, August 30, 2020 - 9:33pm | 2967Quote Of The Day: Life is a succession of lessons which must be lived to be understood. - Ralph Waldo Emerson Fintech Movers: Banks have something most technologists don’t have enough of: Banks have domain expertise. Technologists tend to discount the exchange value of domain knowledge. And...
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Ransomware Hackers May Come For Owner-Operators Next
Monday, March 9, 2020 - 9:15am | 951The transportation industry was slow-moving toward fast-tech. But today, freight tech has revolutionized the brokerage business through digital freight matching, and commercial trucks commonly travel with dashcams, electronic logging devices (ELDs) and trailer trackers. After tech overcame...
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Don't Let Your Small Business Fall Victim To Cybercriminals
Thursday, March 5, 2020 - 9:24am | 1285Be aware of the malicious work e-mail. The new message in your inbox, seemingly from your boss or human resources, is actually the most common way hackers gain access to small business networks and potentially sensitive client data. Ensuring that your business is protected against ransomware...
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UPDATE: TQL Says Data Breach Was Not Malware Or Ransomware Attack
Friday, February 28, 2020 - 8:50am | 736Total Quality Logistics (TQL) says it will continue to work with an expert cybersecurity firm to find out how external hackers breached its IT systems and gained access to some carriers' sensitive business information. Tom Millikin, corporate communications manager of TQL, told FreightWaves the...
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Truckstop.com Says Ransomware Knocked Its Sites Offline
Thursday, January 2, 2020 - 9:04am | 731Truckstop.com said ransomware was behind a weeklong outage that affected sites including its load board, online carrier safety vetting and payment services. The ransomware attack occurred on Friday, Dec. 20, Truckstop.com said in a statement. The company first notified users publicly the next day...
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Louisiana Ransomware Attack Disrupts Trucking Operations
Wednesday, November 20, 2019 - 9:11am | 886Some trucking companies that haul overweight loads say they were unable to obtain permits on Nov. 18 because of a ransomware attack that crippled many state agencies in Louisiana. State websites and online services — including those of the Department of Transportation and Development (DOTD) and...
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Russia In The Spotlight As Second Wave Of Ransomware Grips Globe
Wednesday, June 28, 2017 - 2:39pm | 876Experts said it wouldn't take long for a brand-new cyberattack to cripple computers around the world. They were right. Just weeks after a ransomware virus called “WannaCry” hit the world, a new wave of cyberattacks hit roughly 150 countries Tuesday, with the heaviest concentrations...
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FedEx Subsidiary TNT Express Hit By Second System Virus In 2 Months
Wednesday, June 28, 2017 - 11:57am | 242FedEx Corporation (NYSE: FDX) stock was briefly halted Wednesday before announcing that the global operations of subsidiary TNT Express were “significantly affected” by an information system virus. “TNT Express domestic country and regional network services are largely operational...
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Ransomware Rears Its Head Again As 150 Countries Hit By New Virus
Tuesday, June 27, 2017 - 1:31pm | 409Ransomware cyberattacks broke out Tuesday from the United States to India to Russia, where computer systems monitoring radiation at the site of the former Chernobyl nuclear plant were knocked offline. The attacks affected roughly 150 countries, including government offices and infrastructure in the...
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European Banks Driving Bitcoin Boom As Brace Against Future Ransomware Attacks
Wednesday, June 7, 2017 - 1:41pm | 451European banks are stockpiling bitcoin as a hedge against ransomware attack, driving the virtual currency up 200 percent this year, The Street’s Jim Cramer said, quoting a panel talk with the CEO of Citrix Systems, Inc. (NASDAQ: CTXS). “Bitcoin is what the bad guys demand you pay if you...
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The Blackberry Comeback Story Continues
Monday, May 22, 2017 - 2:14pm | 410BlackBerry Ltd (NASDAQ: BBRY) continued its bullish momentum on Monday when the company announced a new deal with Ford Motor Company (NYSE: F) to expand the use of the QNX operating system in Ford automobiles. Following Monday’s 8.7 percent gain, BlackBerry shares are now up more than 63...
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The Blame Game: The Definitive Guide To Who's At Fault For The Ransomware Cyberattack
Monday, May 22, 2017 - 1:30pm | 1723A luxury hotel in Austria pays ransom — for the fourth time — when hackers keep the keycards of guests out of their ritzy rooms. The San Francisco transit system resists the urge to buy its way out of a hack that kidnaps its light-rail system, leaving strap-hangers unhinged. A premier...