this post was submitted on 10 Aug 2026
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Can you imagine a company like CEVA making millions upon millions of dollars year over year and not spending any of that for security?
Who says they don't spend any of that for security? Security is not reached by just throwing with money. We don't know the details how this happened. So I would be careful with premature conclusions like that.
it was eight warehouses - and warehousing/ middle mile logistics is very fraught with give and take
we don't know what happened but freightwaves is reporting it was at the warehouse level so I'm guessing it was at the consolidation/LTL stage - meaning it was warehousing that has recieved the inventory and is working out how and where to get it to the address
knowing they run a proprietary blend of cargowise freight tech it's likely the hackers got access to a regional managers account, probably pretty low on the totem pole
Someone must have clicked a link and it wasn't a training email. Then entered their information.
Ok, "spending a fraction of it on piss poor security."
You still don't know how much they spend and how the attack was done. Often security isn't even a matter of money, but knowledge and trust of your own teammates. Maybe you are right after all, but my point is, we don't know YET.
Exactly. It only takes one printed picking list not shredded correctly and some asshole dumpster diving and there it goes. Or a wrongly formatted mail recipient… so many ways for humans to fail it’s funny to always see security reduced to technical measures.
Nowadays every company is a tech company. But not every company knows that.
There are also attacks like an employee attacking his/her own company (pump.fun), or simply corruption..