Security News > 2022 > February > Expeditors shuts down global operations after likely ransomware attack
Seattle-based logistics and freight forwarding company Expeditors International has been targeted in a cyberattack over the weekend that forced the organization to shut down most of its operations worldwide.
At 9:20 AM EST Sunday morning, BleepingComputer received an anonymous tip saying that Expeditors suffered a large ransomware attack.
While we could not independently verify the attack, soon after Expeditors published a short notification at around noon on Sunday announcing a global systems downtime after shutting down operations due to a targeted cyberattack.
"Systems may be unavailable during this time, as we assess and stabilize, the safety of our global environment, backup procedures are being implemented" - Expeditors International.
Although Expeditors did not mention the nature of the incident, they were likely hit by ransomware, as shutting down operations globally and restoring them from backups is usually a course of action prompted by network-wide encryption.
Expeditors describes the incident as a "Significant event" that "Could have a material adverse impact on our business, revenues, results of operations and reputation."
News URL
Related news
- Shutterfly discloses data breach after Conti ransomware attack (source)
- LockBit victim estimates cost of ransomware attack to be $42 million (source)
- Ransomware attacks are on the rise, who is being affected? (source)
- Remote Access Trojan adds ransomware and DDoS attacks to usual bag of tricks (source)
- Hackers use Conti's leaked ransomware to attack Russian companies (source)
- Luxury fashion house Zegna confirms August ransomware attack (source)
- Menswear Brand Zegna Reveals Ransomware Attack (source)
- Wind turbine firm Nordex hit by Conti ransomware attack (source)
- Report: Many SMBs wouldn’t survive a ransomware attack (source)
- How ready are organizations to manage and recover from a ransomware attack? (source)