The AI infrastructure boom is driving a dramatic surge in cargo theft, leaving companies and ultimately consumers to pick up the tab, reports Yahoo Finance.
“The bad guys are good at marketing,” said Lewis, head of operations at risk-assessment firm Verisk CargoNet. “It’s so much more strategic now, so much more targeted. They know what’s hot and they know what’s selling.”
According to the report, crooks are increasingly deploying AI to find and steal those goods in a digitally savvy twist that brings the breach full circle.
Last year, losses from supply chain crime in the United States and Canada rose 60% to nearly $725 million as big-rig bandits zeroed in on valuable shipments, according to a report from CargoNet.
Many more thefts likely went unreported because companies fear reputational damage or higher insurance premiums, experts say.
The average theft value rose by 36%, “driven by more selective, high-value targeting by organized groups,” the report states. Theft of metals climbed by 77%, largely fueled by demand for copper products.
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