FSB: “TNT cyber attack still hitting small firms”
The UK’s Federation of Small Businesses (FSB) has reported that it has “serious concerns” over the “continuing impact” of last month’s NotPetya cyber attack on TNT small business customers. In a statement issued yesterday (27 July), the FSB said that the attack, which occurred four weeks ago, has been “debilitating” for some small firms who “remain in the dark over when and if they can expect their goods to be delivered”.
Mike Cherry, the FSB National Chairman, commented: “There are small businesses in a total state of paralysis, a month on from the attack, because their business relies on transporting goods through TNT. For a small business, this kind of disruption can be crippling and threaten their survival. Small business customers need accurate, clear and frequent updates from TNT to help them with their own contingency planning and a commitment to provide redress to those small businesses who have lost out.
“This is a stark reminder of the danger posed by cyber crime and how it can strike down smaller businesses indirectly, having a much wider impact on the economy. It serves as a major wake up call on the need to tackle and prevent the growing threat of cyber crime right across the business community.”
In its latest update on the situation, issued on 17 July, FedEx said it was “reasonably possible that TNT will be unable to fully restore all of the affected systems and recover all of the critical business data that was encrypted by the virus”. The company added that the financial impact of the attack, was “likely” to be “material”.