The courses will cover various topics, from cyber security coaching for senior management, to cyber awareness for all organisational levels within the maritime industry. The academy, which will be located in the Wärtsilä Digital Acceleration Centre in Singapore, will start its operations from 1 May 2018. The first course will be delivered in Singapore and London.

Andrew Fitzmaurice, CEO at Templar Executives,mentioned:

Cybercrime damages are predicted to cost the world 6 trillion dollars annually by 2021. The NotPetya attack last year put the maritime industry firmly on the radar, highlighting the need for a paradigm shift in response to the escalating cyber threats.

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In delivering this initiative, Wärtsilä and Templar Executives will also establish a cyber security reporting portal for sharing threat intelligence, as well as operational and resourcing expertise to develop Cyber as a Service options.

The partnership was formalised on April 23 in Helsinki, and will include key stakeholders, such as the Singapore government and CSO Alliance (Company Security Officers).