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Cold Chain Summit: Why hackers see cold storage as ‘prime target’

‘Every hour that goes by is loss of revenue, loss from spoilage’

Kurt George of Property Damage Appraisers discusses how ransomware attacks can impact cold storage facilities.

This fireside chat recap is from FreightWaves’ Cold Chain Summit.

FIRESIDE CHAT TOPIC: When cyberattacks hit cold storage facilities 

DETAILS: Hackers have left few industries unscathed as ransomware attacks hit companies across the world. Cold storage giant Americold saw its operations disrupted in November after such an attack. Americold isn’t alone. Cold storage providers represent an attractive target for hackers because of the high cost of a systems outage, particularly if it affects the ability to keep goods at temperature. 

SPEAKER: Kurt George, vice president, strategy and marketing, Property Damage Appraisers (PDA), and FreightWaves reporter Nate Tabak

BIO: George oversees PDA’s strategy team as well as messaging and communications. He previously has worked in venture capital and revenue development, with a focus on analytics. 

Key quotes from George

“Cold storage is a prime target. More so than it has ever been.”

“The biggest driver for ransomware is interruption of service. … Time, service interruption, and for cold storage, temperature.”

“Time is of the essence. Time and temperature are key. Every hour that goes by is loss of revenue, loss from spoilage.”

Nate Tabak

Nate Tabak is a Toronto-based journalist and producer who covers cybersecurity and cross-border trucking and logistics for FreightWaves. He spent seven years reporting stories in the Balkans and Eastern Europe as a reporter, producer and editor based in Kosovo. He previously worked at newspapers in the San Francisco Bay Area, including the San Jose Mercury News. He graduated from UC Berkeley, where he studied the history of American policing. Contact Nate at [email protected]