Cyberattack on Australia’s ports

On Friday, November 10, DP World Australia container port operations in Melbourne, Sydney, Brisbane, and Fremantle were seriously disrupted by a cyberattack (more and more). DP World handles roughly 40 percent of Australia’s maritime throughput (in and out). This morning the BBC reported: “DP World Australia, a unit of the Dubai state-owned DP World, said its ports resumed operations at 09:00 local time “following successful tests of key systems overnight… The company expects that approximately 5,000 containers will move out of the four Australian terminals today.” Bloomberg is reporting that the three day slowdown prompted a back up of roughly 30,000 containers. Recovery of normal flows will require several days. But unless there are malware aftershocks or new attacks are experienced, Christmas retail should not be seriously impacted (a concern raised over the weekend in Australian media (here and here).