Tag: cyber security

Major oil terminals in some of Western Europe's biggest ports have fallen victim to a cyberattack.

The human factor is typically seen as the “weakest link” in cyber security risk, an approach suggesting that cyber threats can be mitigated by focusing on the behavior of end-users rather than the way information systems are designed. But in which ways can people be influenced into “behaving more cyber secure” and what is the role of leadership in establishing a cyber culture in shipping?

A growing dependance on digital systems amid the physical distance driven by the pandemic has skyrocketed cyber incidents, with malware attacks having increased by 358% and ransomware attacks by 435% in 2020 alone, according to data provided by the World Economic Forum, which is outpacing societies’ ability to effectively prevent or respond to them.

Allianz published its risk barometer for 2022, noting that cyber perils outrank Covid-19 and broken supply chains as top global business risk.

US's federal cybersecurity agencies are recommending operators of critical infrastructure to enhance their preparedness to counter Russian state-sponsored cyber operations. 

The World Economic Forum published its Global Risks Report tracking global risks perceptions among risk experts and world leaders in business, government, and civil society. 

Cyber attacks in the maritime industry are on the rise. In the last five years, all four of the world’s largest liner shipping companies (AP Moller-Maersk, MSC, COSCO and CMA CGM) have suffered major attacks, leaving their operations crippled for weeks on end, note Dennis Hackney, Head of Cybersecurity Services Development – ABS Group and George Papamargaritis, MSS Director – Obrela.

The European Union Agency for Cybersecurity provides port operators with a set of good practices to help them evaluate cyber risks.

Employee training and IT security investment are shipping’s best defences against cyber criminals, Martin Wallgren, Chief Information Officer at GAC Group, reports.

Bureau Veritas announces that, thanks to its cybersecurity system preventive and contingency measures, all of its businesses have been able to continue operating.