“In transport, the term often refers to terrorist attacks. As rare as such an event might be, the risk remains, and exposes the vulnerabilities of the entire transport supply chain. Other forms of security threats to transport are more common: crimes committed on the premises of transport operators (like a break-in), a robbery of a valuable cargo in transit, or armed piracy on the high seas. These have a massive economic cost which can be measured in terms ranging from the cash value of cargo thefts to insurance losses, business interruption and damage to property.”
Source: European Commission, Directorate General Mobility and Transport
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