THE BSI Consulting and TT Club 2024 cargo Theft Report gives a detailed analysis of targeted commodities, prime locations for theft, regional hotspots and evolving strategies employed across the world.
While the report's statistical analysis of cargo theft types and top commodities stolen year on year is revealing, it is the qualitative information and insight into the methods used that is most useful.
Tony Pelli, global practice director for security & resilience at BSI Consulting, said: 'The growth in strategic crime, defined as that utilising deception, fraud, and advanced planning is the most remarkable finding in our report.
'This weapon in the criminals' ever-evolving armament now involves impersonation and document forgery as well as leveraging AI technologies to manipulate bills of lading and orchestrate remote operations. The degree of sophistication employed shows that organised crime's knowledge of supply chain vulnerabilities is deepening.'This strategic methodology was observed in the US, where 18 per cent of all incidents were identified as planned thefts.
TT Club's managing director, loss prevention, Mike Yarwood, commented: 'The burgeoning use of the internet, though available for nefarious action for some years, is constantly spawning new technologies and should not be overlooked. 'Techniques such as harnessing AI to create phishing emails, deep fakes, and malware aimed at accessing sensitive freight information and reports of attacks targeting cloud-based storage services are becoming more common,' said Mr Yarwood.
'An overarching strategy to protect against cargo loss must be based on robust due diligence. To know and trust as much as possible customers, carriers and contractors alike and to be cognisant of the criminals' intent and level of cunning,' he said.
SeaNews Turkey
While the report's statistical analysis of cargo theft types and top commodities stolen year on year is revealing, it is the qualitative information and insight into the methods used that is most useful.
Tony Pelli, global practice director for security & resilience at BSI Consulting, said: 'The growth in strategic crime, defined as that utilising deception, fraud, and advanced planning is the most remarkable finding in our report.
'This weapon in the criminals' ever-evolving armament now involves impersonation and document forgery as well as leveraging AI technologies to manipulate bills of lading and orchestrate remote operations. The degree of sophistication employed shows that organised crime's knowledge of supply chain vulnerabilities is deepening.'This strategic methodology was observed in the US, where 18 per cent of all incidents were identified as planned thefts.
TT Club's managing director, loss prevention, Mike Yarwood, commented: 'The burgeoning use of the internet, though available for nefarious action for some years, is constantly spawning new technologies and should not be overlooked. 'Techniques such as harnessing AI to create phishing emails, deep fakes, and malware aimed at accessing sensitive freight information and reports of attacks targeting cloud-based storage services are becoming more common,' said Mr Yarwood.
'An overarching strategy to protect against cargo loss must be based on robust due diligence. To know and trust as much as possible customers, carriers and contractors alike and to be cognisant of the criminals' intent and level of cunning,' he said.
SeaNews Turkey
