The transportation and logistics industry is among the many who have made major changes in trade by incorporating technology in the past few years. What used to be a covert and mysterious line of business has become interactive and immersive for customers. This has come from increased frequency in delivery of goods and constant demand in the supply chain. Additionally, the ability to track vans, trucks and shipments across the globe has provided customers with confidence to purchase items regardless of location. Because of this, it has therefore become imperative to ensure cyber security for transportation companies Canada.
Among the rising supply chain cyber threats are hackers getting into personal and business accounts through phishing and other unscrupulous means. Sadly, not tried, and tested layers of protection may no longer be enough.
Protecting Canada’s Supply Chains Cyber Security for Transportation & Logistics 1
If you believe that your company’s Microsoft login is safe because of the implementation of a good password and Microsoft’s two-factor authentication, then you might want to think again. This is because a new cyberattack known as device code phishing is sparking a warning on the rise from Microsoft. The most horrible thing about it is that these hackers do not even require your password to come in and infect logistics malware in your system.
Traditional phishing, a commonly seen risk in cyber security for transportation companies Canada, tricks people into typing login details on fake websites. However, attackers have made things more sophisticated in device code phishing. This is because rather than illegally obtaining passwords, it physically manipulates you into giving it away willingly, usually without your knowledge. Hence, endangering your system, client information, and risking breach of Canadian regulations in data protection.
This threat to the cyber security for transportation companies Canada typically begins with a believable-looking email, as does the usual phishing goes. It could be presented to you as a Teams meeting or a request for assistance from a colleague or a department representative within your company, such as HR. The hyperlink will direct you to an authentic Microsoft login site, not a fake one. All things appear familiar. However, along the way, you will then be asked to insert a short code of the device. The code is associated with the email, and you are notified that it is necessary to enter the meeting or log in. However, what you are doing is granting access to supply chain cyber threats to your account. You are handing them the keys–and you do not realize it.
Sadly, secondary layers of protection such as MFAs to prevent logistics malware is useless in this case. This is because the login occurs on the systems owned by Microsoft, which enables the hacker to skip MFA. You are not submitting your password on a dodgy third-party therefore, you will not be receiving any warning from your security tools as well. What you are doing seems to be a normal piece of work as per Canadian regulations. That is the reason why this attack on cyber security for transportation companies Canada is difficult to detect and even harder to prevent.
Unfortunately, once attackers get inside, they can read and send emails using your account and steal or delete confidential files. Furthermore, they can also use your account to fool colleagues, suppliers, and customers using your identity. In the same vein, they can also install logistics malware and remain logged in by acquiring session tokens. Sadly, these changes may not be removed immediately even after you change your password.
In order to prevent supply chain cyber threats, you and your team must learn to identify suspicious activities. First, train them to question any unexpected login requests or code prompts. Before entering any code or clicking a link, always ask yourself if this is something you requested or if is it logical. Additionally, as per Canadian regulations, always verify sharing information via some other channel, such as a phone call or an internal chat. It is also best to note that entry of device codes is not common in normal business practice. Hence, when a person sends you a code via email, take a break and check, so that cyber security for transportation companies Canada remains strong.
On a technical basis, your IT team can mitigate the risk of having this threat and other logistics malware. This can be done by turning off logins using device code in case you do not require it in your business and limiting logging in to specific devices or places. It is also best to implement the session expiration policies that restrict the duration of hacker presence. Furthermore, it is best to keep track of unusual login patterns in addition to inserting additional verifications.
This tactic is dangerous because it looks authentic. Your staff must know what signs to watch. The better trained your team is, the more secure your business will be. Here at EB Solution, we also offer various means to strengthen your business’ cybersecurity posture.