Since BIMCO (Baltic and International Maritime Council) first published its cyber security guidelines in 2016 and followed by IMO’s (International Maritime Organization) Resolution MSC 428(98) Maritime Cyber Risk Management guidelines in 2017, the maritime sector saw gradual progression of cyber safety awareness.  Subsequently, OCIMF (Oil Companies International Marine Forum) published cyber safety chapters in its Ship Inspection Report Program in 2018. This was followed by IACS’ (International Association of Classification Societies) technical guidelines in 2021 which stipulated all new ..read more

By Vladimir M. Yordanov, Senior Director of Solution Engineering for Gigamon Asia Pacific and Japan The current situation In recent times despite initial cybersecurity concerns, the benefits of agility and scalability that cloud computing enables, especially during previous years’ pandemic lockdowns, outweighs security and performance risk.  A study commissioned by Gigamon and conducted by Frost & Sullivan titled, “Cybersecurity, Visibility, and the Cloud,” revealed that 53-percent of APAC organizations have over half of their enterprise workloads in the cloud, with a majority pr ..read more

New research has found that where cyberattacks in the maritime industry lead to a ransom payment, shipowners pay more than $3 million on average to the perpetrators.  The report, which was produced by maritime cyber security company CyberOwl and law firm HFW, also reveals significant gaps in cyber risk management that exist across shipping organizations and the wider supply chain, despite progress made by IMO 2021. The research is based on a survey of more than 200 industry professionals, including C-suite leaders, cyber security experts, seafarers, shoreside managers, and suppliers ..read more

Global Resilience Federation (GRF) is a non-profit hub for multi-industry intelligence exchange with information sharing and analysis centers and organizations, and computer emergency response teams. It has an in-house team of experts and analysts who monitor and report on cyber threats globally around the clock. Members of the federation will receive up-to-date actionable alerts and advisories regarding cyber, supply chain, physical and geopolitical threat intelligence specific to their industries. Relentless cyberattacks on critical infrastructure Malicious cyber criminals are increasi ..read more

Lee Kok Leong, our special correspondent, interviews Andrew Tsonchev, director of Darktrace Industrial, one of the world’s leading AI company for cyber security, to find out more about cyber threats facing the maritime industry. The maritime industry handles 90 percent of the global trade and so, the consequences of a cyberattack can be crippling in the immediate aftermath but also importantly, there will be negative impact in the long term. For example, short term repercussions can include criminal activity such as theft or piracy, physical harm to people, cargos, and vessels, or the loss ..read more