Credit: Catarina Sousa Australian logistics and delivery giant Toll Group has shut down some IT systems in response to cyber security attack. Toll Group’s logistics networks spans 1,200 locations in over 50 countries and employs 40,000 people across the globe. The company hasn’t explained what type of cybersecurity incident caused it to “deliberately shut down a number of systems across multiple sites and business units”. Toll said it was a “precautionary measure”. The action follows numerous cases of large industrial companies that have recently been forced to shut down IT systems due to ransomware infections. Norwegian metals firm Norsk Hydro in March last year . It cost the company AU$87m in lost revenue. Officials claimed to not have paid the attackers the ransom, highlighting throughout the recovery that it had solid cybersecurity insurance. Some IT systems at UK currency exchange Travelex today remain down more than due to its reported use of a vulnerable version of Pulse Secure VPN. Travelex took its site offline on New Year’s Eve and only last Thursday re-opened parts of its website to allow customers to order travel money, but some services still remained unavailable. The company faced a demand of US$6 million to regain access to its data, which was encrypted by REvil. Toll hasn’t said whether cyber attackers have demanded a ransom or if its systems were impacted by ransomware. Given similar responses to recent attacks on other companies and government organizations in recent years, ransomware would seem a likely candidate. The company explained that it is currently focussed on restoring its customer-facing applications and is working with “global cyber security experts” to get itself back online. “Our immediate focus is on bringing our systems back online in a controlled and secure manner,” Toll said in a statement. Toll Group is a huge Australian logistics company with annual revenues of nearly $9 billion last year and business units across Asia, North America, Europe, Africa and the Middle East. CSO Australia has asked Toll Group for more information and will update the story if it receives a response. Danish logistics and shipping giant of July 2017, which governments in the US, UK, and Australia blamed on Russian state-sponsored hackers rather than cybercriminal groups. Related content news analysis Water system attacks spark calls for cybersecurity regulation The Iranian CyberAv3ngers group’s simplistic exploitation of Unitronics PLCs highlights the cybersecurity weaknesses in US water utilities, the need to get devices disconnected from the internet, and renewed interest in regulation. By Cynthia Brumfield Dec 11, 2023 11 mins Regulation Cyberattacks Critical Infrastructure feature Accenture takes an industrialized approach to safeguarding its cloud controls Security was once a hindrance for Accenture developers. But since centralizing the company's compliance controls, the process has never been simpler. By Aimee Chanthadavong Dec 11, 2023 8 mins Application Security Cloud Security Compliance news analysis LogoFAIL attack can inject malware in the firmware of many computers Researchers have shown how attackers can deliver malicious code into the UEFI of many PCs though BIOS splash screen graphics. By Lucian Constantin Dec 08, 2023 8 mins Malware Vulnerabilities news Google expands minimum security guidelines for third-party vendors Google's updated Minimum Viable Secure Product (MVSP) program offers advice for working with researchers and warns against vendors charging extra for basic security features. By John P. Mello Jr. Dec 08, 2023 4 mins Application Security Supply Chain Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe