COSCO Hit by Suspected Ransomware

COSCO Hit by Suspected Ransomware

Chinese shipping giant COSCO is said to have suffered a major ransomware-related outage affecting its Americas operations, although so far seems to be trying to minimize the potential news fall-out.

Reports from the trade press citing internal emails suggest the firm has been hit by ransomware in the US and is asking staff not to open suspicious emails.

However, an official statement from the stet-owned firm yesterday doesn’t mention malware as the cause.

“Due to local network breakdown within our America regions, local email and network telephone cannot work properly at the moment. For safety precautions, we have shut down the connections with other regions for further investigations,” it states.

By Phil Muncaster

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