Trucking giant Forward Air hit by new Hades ransomware gang


Level 75
Content Creator
Malware Hunter
Aug 17, 2014
Trucking and freight logistics company Forward Air has suffered a ransomware attack by a new ransomware gang that has impacted the company's business operations.
Forward Air is a leading trucking and air freight logistics company based out of Tennessee, USA. The company generated $1.4 billion in revenue for 2019 and employs over 4,300 people.
Last week, FreightWaves reported that Forward Air suffered a cyberattack that forced them to take their systems offline to prevent the attack's spread. Forward Air later confirmed this attack in a statement to BleepingComputer.
"On December 15, Forward Air detected an IT security incident that impacted the functionality of certain computer systems. Per our information security protocols, we immediately took our systems offline, notified law enforcement and engaged several third-party experts to assist us in conducting an internal investigation. Our IT team is working diligently to restore the affected systems and services and bring them back online as soon as possible," Forward Air shared in a statement to BleepingComputer. [...]
Sources have told BleepingComputer today that Forward Air suffered a cyberattack by a new ransomware operation known as Hades.
Update 12/21/20 6:37 PM EST: After we published our story, Forward Air filed a Form 8-K with the Securities and Exchange Commission disclosing that they suffered a ransomware attack.
"On December 15, 2020, Forward Air Corporation (the “Company”) detected a ransomware incident impacting its operational and information technology systems, which has caused service delays for many of its customers. Promptly upon its detection of the incident, the Company initiated response protocols, launched an investigation and engaged the services of cybersecurity and forensics professionals. The Company has also engaged with the appropriate law enforcement authorities," the Form 8-K states.