The Singapore Shipping Association (SSA) announced the launch of the MaritimeSG Shipping CyberSafe Scorecard, a tool which allows ship owners, managers and operators to perform self-assessment via an online portal that measures the level of cybersecurity readiness of their fleet operations.
Cyber risks to vessel systems and operations are increasing. The industry specific scorecard helps shipping companies evaluate these risks. The scorecard provides insights into areas for improvement and enable timely mitigation. The scorecard leverages on the established US National Institute of Standards and Technology (NIST) Cybersecurity Framework components of Identify, Protect, Detect, Respond, and Recover, providing a common language and a systematic approach for maritime companies of all sizes to better understand, manage, and reduce the cybersecurity risk of vessel operations.
Over 30 maritime companies, including industry leaders such as OSM Thome, Pacific International Lines, PCL, and BW Group, have completed their self-assessments in the pilot phase. Over time, the SSA will use anonymized data to gain insights into industrywide trends. It provides a basis for onboarded companies to benchmark themselves with other peers. Future plans for the initiative include introduction of an automated cybersecurity insurance request process, allowing for cybersecurity coverage options.
For Singapore to remain a hub for reliable and resilient maritime operations, it is imperative that the industry fortifies its cybersecurity posture. There is
currently nothing on the market that allow companies to perform such an evaluation. The scorecard is the foundation for any company to plan and undertake long term measures to improve their level of cybersecurity preparedness.
…T S Teo, Chair of the SSA Digitalization Committee said.
