GERMAN open-access passenger operator Locomore announced on May 11 that it has filed for insolvency after revenues failed to increase in line with projections. In a statement on the company’s website, Locomore said that ridership and revenue per passenger have grown continuously, “but not fast enough to be fully-cost effective.” Locomore had been “extended negotiations with an investor, whose engagement had averted the insolvency,” but these talks ended without resolution on May 10. ...
As both the Underground, and rail in general, become increasingly reliant on their digital infrastructure, so the potential impact of a cyber attack grows. We look some of the core cyber-security issues facing the railway, and at how the need to keep a 'wetware' backup still remains.
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