Chinese shipping giant Cosco was hit by a cyber attack that affected its operations in the Americas on Tuesday, 24 July. According to a statement from the firm, local email and telephone networks were impacted and connections to further regions were temporarily shut down for investigation.
Reports suggest the incident was a ransomware hack – the same kind of attack that hit Maersk in August 2017. The Danish shipping line has since estimated that the NotPetya infection cost it some $300m in lost revenue.
Cosco’s network applications were restored in all regions except the Americas by 4pm Beijing time on Wednesday. In a second statement, the company claimed its global network would be “gradually back to normal soon”, though no specific timeline was given. It also warned of delays in service response in the the Americas during the IT failure period.
Local websites, including Cosco’s US site, were also down as of Thursday. However, the company has said that all vessels in its fleet are operating as normal, and its main business operation systems appear to be stable.
Despite some media reports to the contrary, Cosco used its Twitter account to confirm that both its terminal in Long Beach, California and its UK offices are functioning as normal after the attack.