X
  • About
  • Advertise
  • Contact
  • Events
Subscribe to our Newsletter
  • News
    • Markets
    • Regulation
    • Super
    • M&A
    • Tech
    • Appointments
  • Podcast
  • Webcasts
  • Video
  • Analysis
  • Promoted Content
No Results
View All Results
  • News
    • Markets
    • Regulation
    • Super
    • M&A
    • Tech
    • Appointments
  • Podcast
  • Webcasts
  • Video
  • Analysis
  • Promoted Content
No Results
View All Results
No Results
View All Results
Home News Tech

Timeline for Toll recovery still unclear

While Toll has resumed services for around 90 per cent of its customers, a full systems recovery appears to be some weeks away.

by Lachlan Maddock
March 3, 2020
in News, Tech
Reading Time: 2 mins read
Share on FacebookShare on Twitter

Toll’s Global Forwarding platform is now operational and is moving international air and ocean freight shipments, but the company hasn’t returned full functionality to its MyToll portal, which enables customers to book pickups, create shipments and consignments, and track and trace deliveries. 

The cyberattack – which has now dragged on for almost a month since Toll first alerted customers on 3 February – has also prevented tracking and tracing of historical bookings, with Toll hoping to restore functionality on this front “in the coming weeks”. 

X

While Toll took the drastic step of shutting down many of its systems in the face of the cyberattack, it declined to comment on how many of those systems were actually impacted or infected by the targeted ransomware attack. Speaking to Investor Daily in February, a spokesperson said that Toll would not pay a ransom for its systems and that it had not engaged with the attacker. 

“We believe our decision to not submit to the attacker’s demands is the responsible and an appropriate course of action for our business and as a leader in the wider logistics sector – we don’t want to incentivise these sorts of attacks against other businesses,” a Toll spokesperson told Investor Daily at the time. 

While Toll has referred the matter to the relevant authorities, it remains unclear what other steps the company has taken to protect against future attacks. 

“The risk of cybercrime is something organisations are facing in increasing numbers here and around the world, one that has implications for society as whole,” a Toll spokesperson told Investor Daily.

“We’re working closely with the relevant authorities to share what we have learned and we believe we should be taking a whole-of-community approach to countering what is a rising threat. We’ll bring those learnings into how we at Toll design and run our operations going forward.”

Several other firms have been on the receiving end of ransomware attacks before, most notably global logistics company Maersk, which was crippled by an attack originating in Ukraine and believed to be the work of the Russian military. That attack wound up costing Maersk almost $300 million.

Related Posts

Australia’s funds rise yet remain small on global stage

by Adrian Suljanovic
December 5, 2025

Australia’s top super funds have climbed in global rankings but their assets pale in comparison to the world’s dominant asset...

Investors brace for crucial central bank decisions

by Olivia Grace-Curran
December 5, 2025

Global markets are entering a critical phase as traders prepare for upcoming central bank decisions from the Reserve Bank of...

Traders rotate from banks as speculative trades surge

by Adrian Suljanovic
December 5, 2025

Investors moved from banks into blue chips and speculative names in November as trading activity fell across AUSIEX accounts. Australia’s...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

VIEW ALL
Promoted Content

Why U.S. middle market private credit is a powerful income solution for Australian institutional investors

In today’s investment landscape, middle market direct lending, a key segment of private credit, has emerged as an attractive option...

by Tim Warrick
December 2, 2025
Promoted Content

Is Your SMSF Missing Out on the Crypto Boom?

Digital assets are the fastest-growing investment in SMSFs. Swyftx's expert team helps you securely and compliantly add crypto to your...

by Swyftx
December 2, 2025
Promoted Content

Global dividends reach US$519 billion, what’s behind the rise?

Global dividends surged to a record US$518.7 billion in Q3 2025, up 6.2% year-on-year, with financials leading the way. The...

by Capital Group
November 18, 2025
Promoted Content

Why smaller can be smarter in private credit

Over the past 15 years, middle market direct lending has grown into one of the most dynamic areas of alternative...

by Tim Warrick, Managing Director of Principal Alternative Credit, Principal Asset Management
November 14, 2025

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

Latest Podcast

Podcast

Relative Return Insider: GDP rebounds and housing squeeze getting worse

by Adrian Suljanovic
December 5, 2025
After more than two decades, InvestorDaily continues to be an institution that connects and influences Australia’s financial services sector. This influential and integrated media brand connects with leading financial services professionals within superannuation, funds management, financial planning and intermediary distribution through a range of channels, including digital, social, research, broadcast, webcast and events.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Us

  • About
  • Advertise
  • Contact
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • Markets
  • Appointments
  • Regulation
  • Super
  • Mergers & Acquisitions
  • Tech
  • Promoted Content
  • Analysis

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
  • News
  • Markets
  • Regulation
  • Super
  • M&A
  • Tech
  • Appointments
  • Podcast
  • Webcasts
  • Promoted Content
  • Events
  • About
  • Advertise
  • Contact Us

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited