CMA CGM cyberattack comes during peak season for retailers — Panjiva
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CMA CGM cyberattack comes during peak season for retailers

China 3048 Corp - Shipping 1026 Mode - Containerized 1524 Mode - Seaborne 1845 U.S. 5399

CMA CGM announced that they were hit by a ransomware attack that took down websites, affected offices in Asia, and potentially caused the release of customer information. This comes at a bad time for CMA CGM, who had already seen a downturn in shipments likely stemming from a stalled U.S. retail recovery. Furthermore it comes during the peak shipping season for retailers, possibly causing disruptions to already-strained supply chains. U.S. seaborne imports from China handled by CMA CGM already fell by 11.1% year over year in the three months Aug. 31. Major users of CMA CGM’s shi...

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