United States
USA
Forward Air ransomware leads to $7.5M revenue hit
In December 2020, FORWARD AIR suffered a ransomware attack that affected operational and IT systems, caused service delays, and led to a temporary suspension of EDI connections with customers. An SEC filing disclosed an estimated $7.5 million LTL revenue loss for December due primarily to the EDI suspension. The incident has been attributed to the HADES ransomware group.
65
Estimated severity
65 / 100
95
Source reliability
95 / 100
Approximate Date
18/12/2020
Targeted Company
FORWARD AIR
Targeted Company Supply Chain Impact
Distribution & Fulfillment
Procurement & Sourcing
Production & Manufacturing
Sales (Retail & Ecommerce)
Warehousing
Service Delivery
Unrecognized Impact
Supply Chain Relations
No information
Geographic Impact
Country Targeted Company
Other Affected Countries
No other affected countries reported
Target country
United States
Affected countries
United States
Impacted regions
No information
Operational Impact
Duration
No information
Financial impact (USD M)
$7.5M
Impact types
Logistics delayShipping disruptionOrder fulfillment or delivery disruptionOperational disruptionOrder processing disruption
Affected sectors
TransportationLogistics & Warehousing
Affected departments
Information TechnologyLogistics & Transportation
Attack Profile
Attack types
Ransomware
Attributed threat actors
HADES
Sources
Incident Sources
securityweek.comhttps://www.securityweek.com/trucking-giant-says-ransomware-attack-had-75m-impactfreightwaves.comhttps://www.freightwaves.com/news/news-alert-forward-air-reveals-ransomware-attack-warns-of-revenue-hitpentasecurity.comhttps://www.pentasecurity.com/blog/security-weekly-logistics-giant-forward-air-hit-by-hades-ransomwarepromero.comhttps://www.promero.com/us-shipper-forward-air-loses-7-5m-in-ransomware-attack