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Axiotrop Blog

Joe Devine

Trade & Transportation Cybersecurity Survey – Insights and Recommendations


In Summer 2023, we surveyed about 30 trade and transportation executives regarding cybersecurity.  Here’s what they told us:

 

Just over 20% said they’d experienced a cybersecurity attack with 2 of 3 being mid-market companies.

Takeaway:  1 in 5 is worrisome particularly for mid-market companies with their valuable data and limited resources to thwart an attack.

 

Most companies exercise strong protections such as multi-factor authentication and strong password policies.  However, fewer conduct frequent systems testing and only half require third party vendor cybersecurity assessments.

Takeaway: as our recent blog noted, hackers exploitation of 3rd party vendor systems to breach companies is growing.

 

Executives want to be more cybersecurity-literate; here are their top 3 topics: 

  1. Recommended strategies and procedures for keeping information systems secure.

  2. Reviewing current threats to the trade and transportation industry.

  3. Breaking down the CTPAT cybersecurity minimum security criteria.

Takeaway: executives should set aside time, at least monthly to increase their cybersecurity knowledge base.

 

With growing risks of a breach, mid-sized and smaller companies should seek help from outside cybersecurity experts, such as Axiotrop to identify and address vulnerabilities.  To learn more, visit axiotrop.com or schedule a 15 minute call.

 

About AXIOTROP, LLC:

 

AXIOTROP’s mission is to make cybersecurity accessible, attainable, and sustainable for small and medium-sized businesses so they remain competitive and poised for growth. We simplify cybersecurity by working closely with businesses to right-size their program for their needs, resulting in client retention, business expansion, and reduced risk.  


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