While speaking at SAFETY4SEA Cyber Masterclass, Mr. Nick Taylor, Consultant, Shoreline, provided feedback on Cyber or IT Security from the insurer’s perspective, noting that shipowners are called to address them. The pressure is not as severe as that imposed by the Oil Pollution Act 1990, where attitudes to prevent environmental pollution had to change.
Rising passenger numbers on cruise ships have resulted in the introduction of new technologies and the internet of things which makes the journey more engaging and personalised. However, there is a flip side, and with thousands of people’s information available cruise line digitisation makes them a target for hackers.
Following Mirai, WannaCry and NotPetya attacks that caused substantial damages across many sectors in the past, safeguarding the ONG sector has been proved of foremost importance. Specifically, a cyber-attack in the ONG may lead to plant shutdown, equipment damage, undetected spills or safety measures violation that may result in injuries and even death. After several high-profile attacks, including the 2012 Saudi Aramco attack which unleashed a virus that affected 30,000 workstations, ONG companies have established their own protocols and prevention procedures.
In June 2017, A.P. Moller – Maersk fell victim to a major cyber-attack caused by the NotPetya malware, which also affected many organisations globally. As a result, Maersk’s operations in transport and logistics businesses were disrupted, leading to unwarranted impact.
The danger of cyber attacks at sea have increased recently. For this reason, the Japan Club issued the circular called “Cyber risk and cyber security,” addressing possible risks and how they can be mitigated. Ship communications have increased, while the number of ship systems susceptible to viruses also increased,
The Japan Club describes possible problems about the EU GDPR and how those issues can be solved. Regarding crew illness and injury claims, the Clubs will often be the Shipowners’ employers’ liability insurers and in such cases it will be necessary for the shipowner to provide the crewmembers with notice that their personal data may be shared.
Cyber resilience is the concept to help organisations as it looks at a wider scope where it comprises cyber security and business resilience. Cyber resilience can be defined as the organization’s ability to withstand and/or quickly recover from cyber events that disrupt usual business operations.
Ships are increasingly using systems that rely on digitization, integration, and automation. As a result, security of data and other sensitive information has become a major concern of maritime. Certainly, there are many key issues with respect to cyber risk management in the maritime.
Have you ever thought that ransomware is being created, bought, and sold in underground economies? From 2016 to 2017, there has been a 2,502% increase in the sale of ransomware, while cyber criminal economy has hit $1.5 trillion a year. Profit. That’s the incentive behind cyber crime!
The General Data Protection Regulation is a regulation in EU law on data protection and privacy. Ahead of the GDPR that is about to come into effect, the Swedish Club advises operators on how to try and reduce the risk of a breach.
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