The digital transformation of the shipping industry comes with risks and challenges, as the industry relies more on technologies which sometimes are vulnerable.

It is stated that cyber security programs are not only necessary to protect operations but are also critical to protect the overall safety of crew and the environment.

More frequent cyber attacks, digitalization and emerging global regulatory focus are adding to immediate demands to address and reduce cyber risk across the industry’s value chain.

Dr. William Moore, Director of Loss and Prevention at the American P&I Club commented that

The safety and security of our members is a priority. Having a better understanding of the tools available, the programs that can be implemented and the integration of these in the marine industry will help us provide better services to shipowners and charterers globally.