September 22, 2025
Digital Theft Is Rising. Are You Covered? In 2023, reported cargo theft in the U.S. topped $1 billion for the first time. According to NICB and CargoNet, incidents rose 27% from the year before, and things aren’t slowing down. Losses are expected to jump another 22% by the end of 2025. Criminals are getting smarter, using fake carrier identities, spoofed emails, and hacked dispatch systems to steal freight remotely. Cybercrime can be a major setback for businesses without cyber liability insurance. If you’re a freight broker or forwarder, you’re already juggling tight margins, complex compliance, and demanding shippers. But here’s the kicker: most brokers still don’t have protection against today’s biggest risk, cybercrime. Freight Crime Has Gone Digital Cybercriminals are targeting freight and logistics more than ever. IBM’s latest report showed the transportation industry ranked as the fifth most attacked sector in 2024, up from eighth the year before. Why? […]