cyber_attack - 1 Running head CRIMES Cyber attacks Students...

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1 Running head: CRIMES Cyber- attacks Student’s name Institutional affiliations
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CRIMES In the recent past, the cyber-attacks on shipping and logistics groups have been on the increase. According to Reuters, an approximate amount of £400m is lost yearly within the United Kingdom oil and gas industry as a result of cyber theft (Rid & Buchanan 2015). It is important for the companies to identify the loopholes since the motivation of the attack varies. The act is driven by the stiff competition in the oil markets. Both at the national level when the consignment of oil is provocative to the interceptions of state or within the rival firms. The espionage may cause disruption in supply line; the car manufacturers can be victims since they rely on the third party logistics. For instance, competitors would hack into the company’s shipment to effect new model delivery delays (Brenner 2013). It will ruin the reputation of the firm and loss of sales. The signals to such attacks may include unpredictable
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