One of Australia’s biggest port operators has restarted some operations after a crippling cyberattack that led to a huge backup of cargo.
DP World Australia, which manages the flow of nearly 40% of the country’s goods and is owned by Dubai-based logistics giant DP World, announced Monday that the resumption came three days following a breach of its IT systems.
The port operator is the latest target in a string of brazen global cyberattacks. Its disruption came just days after a ransomware exploit affected the US unit of the powerful Industrial and Commercial Bank of China, which may have contributed to a sell-off in the stocks and bonds markets.
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