A ransomware attack hit TFI International’s (NYSE:TFII) four Canadian courier divisions on Thursday, two days after the transportation and logistics company raised millions of dollars in a share offering.
The attack impacted “some systems” of Canpar Express, ICS Courier, Loomis Express and TForce Integrated Solutions, according to notices posted to the couriers’ websites.
“We continue to meet most customer shipping needs and we are not aware of any misuse of client information,” the notices state. “Out of an abundance of caution we want to make our clients aware of the incident, should you be experiencing any issues.”
A spokesperson for TFI International did not immediately respond to FreightWaves’ request for comment.
Ransomware attacks typically involve hackers locking down systems and demanding money to restore access.
TFI told its customers that the attack is under investigation.
TFI, Canada’s largest trucking and logistics company, raised $219 million (CA$290 million) in a share offering, which closed on Monday. It has a market cap of over $4.25 billion (CA$5.6 billion.)
This is a breaking story. Check back at FreightWaves.com for further updates.
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The increasing threat is one of the reasons we made an animated video about Ransomware.
It’s aimed at the average internet user in the hope that by understanding what ransomware is and how it works, they’ll be able to take their own precautions and, in general, be more aware.
You can see the video here https://youtu.be/tfOM3Fg3Bz4 please feel free to share this or link to it if you think it would be helpful to your readers. We also made videos about Spotting Phishing Emails, and Social Media and Work which are on the Showreel page of our website here: https://whatyouneedtoknow.co.uk /showreel