As Hege Skryseth, President of Kongsberg Digital and Executive Vice President Kongsberg notes, 90% of global trade is carried by ships, and digitalization of the maritime industry will enable increases in efficiency, safety, and productivity.
However, there are risks too. For this reason will and KPMG decided to cooperate in providing cyber security and risk management solutions.
No more than you would climb Mount Everest without bringing a first aid kit, should you digitalize without thinking about cyber security.
Commenting on the occasion, Arne Helme, Partner Cybersecurity at KPMG, mentioned that the maritime industry has an exciting digitalization opportunity, 'that can only be harvested with proper risk management in place'.
The new cyber security partnership was launched in September 2018.
Describing the cyber security in shipping, Kongsberg reported the following findings:
- Globally, almost 17 million cyberattacks occur every week;
- In 2018, cybercrime is estimated to cost the global economy around $600 billion;
- Among the greatest threats are malware like WannaCry, data breaches, phishing, social engineering and insider threats, hacking and hacktivism, weaponization of AI, and human error;
- 50,000 ships in the maritime transport industry remain highly exposed to cyberattacks;
- IMO has given ship owners and managers until 2021 to incorporate cyber risk management into ship safety.