ABS Advanced Solutions and Fleet Management Limited agreed to implement the ABS cyber security solution for Fleet Management’s 220-vessel liquid cargo fleet.
The ABS FCI Cyber Risk model was developed after a two-year research contract between ABS and the Maritime Security Center. It was launched in June 2018, and quantifies cyber security risk, giving owners and operators a strategy to limit cyber risk onboard a vessel. Specifically, the ABS FCI Cyber Risk model calculates a cyber risk score and demonstrates how specific FCI alterations reduce the level of risk.
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The IMO requires cyber security to be addressed in Safety Management Systems by January 2021, with TMSA3, SIRE, BIMCO, IACS and Rightship having specified more industry guidelines and commercial requirements. The ABS FCI Cyber Risk model supports compliance with all of these requirements.
Speaking about the agreement, Russell Medeiros, Vice President, ABS Advanced Solutions, noted:
Working together, we will provide a comprehensive cyber security solution to assist in ensuring compliance with the International Maritime Organization (IMO), as well as additional cyber-security related guidelines and requirements—creating a safer fleet
For his part, Kishore Rajvanshy, Managing Director, Fleet Management Limited, added that digitalization will lead to more opportunities for the maritime industry, but it will also introduce possible new vulnerabilities. For this reason, the company invests in technology to ensure that the vessels operate safely and by following technical standards.
