Tag: cyber threat

Edward X. McNamara, President & CEO of Armada Risk Partners, a Cleveland-based insurance broker, notes that, in the post-covid era, the insurance industry is more complex and risk averse than ever. Armada insures ports worldwide from an increasing number of risks such as extreme weather, ship collisions with port infrastructure and cyber attack.

Port of Halifax and the ports of Montreal and Quebec were all hit by cyber attacks this week which are being investigated.

MOL has obtained Approval in Principle (AiP) from Bureau Veritas, for the basic design of a ship network with cyber resilience measures.

In its latest Risk Barometer, Allianz reports that cyber risks, such as IT outages, ransomware attacks or data breaches, rank as the most important risk globally (34% of responses).

The US Coast Guard released the Maritime Cybersecurity Assessment & Annex Guide (MCAAG), to help Maritime Transportation Security Act (MTSA)-regulated facilities and other Marine Transportation System (MTS) stakeholders address cyber risks.

Applied Risk and and Frost & Sullivan published a Blueprint for Building Sustainable Operational Technology Cyber Security.

Korean Register (KR) has launched maritime cyber security officer e-learning training in conjunction with maritime technology company SIRM Italia.

Allianz Risk Barometer 2023 focuses on stability and change. Namely, Cyber incidents and Business interruption rank as the biggest company concerns for the second year in succession (both with 34% of all responses).

Earlier in January, DNV reported that its ShipManager software was the victim of a ransomware cyber-attack. Now the classification society informed that around 1000 vessels are affected. 

GTMaritime published a guide to highlight some of the problems that can occur using equipment and operating systems likely to be found on ships in operation.