Mandala report: Australian businesses face losses of $37 billion a year by 2030 as AI-driven cyber threats surge → 

Freight giant DP World recovers from cyber attack, but warns investigation and remediation is ‘ongoing’

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Melbourne, Australia – 13 November 2023

Shipping giant DP World Australia says its systems are working at its ports again, following a brief cyber attack which crippled the company’s operations.

The company moves about 40 per cent of the nation’s freight, and it was feared that a prolonged cybersecurity breach would make life harder for importers, retailers and Christmas shoppers — particularly those seeking items in hot demand around the world, like electronics.

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