Maritime Cyber Risk

​Maritime cyber risk refers to a measure of the extent to which a technology asset could be threatened by a potential circumstance or event, which may result in shipping-related operational, safety or security failures as a consequence of information or systems being corrupted, lost or compromised.

Cyber risk management means the process of identifying, analysing, assessing and communicating a cyber-related risk and accepting, avoiding, transferring or mitigating it to an acceptable level, considering costs and benefits of actions taken to stakeholders.

Maritime-Cyber Ransomware Scenario

Attackers or hackers can use ransomware to hold a target hostage for ransom. This can have unique outcomes in the maritime environment, as it could either lock crew or passengers in their rooms (for example, on a cruise ship) or possibly even lock ship controls, leaving the entire ship drifting and vulnerable at sea. To raise awareness, researchers at Plymouth University have filmed this scenario on one of the university's ship simulator, while researching technological and policy-based solutions.

Interview Video Clip (explanation)

Cyber Security Davos 2017 - Maersk - Business Impact 

BIMCO Maritime Cyber Risk Management

  • Cyber Security challenges for shipping industry

Cyber Insurance is not a standalone solution but part of Comprehensive Cyber Security Strategy

Towards the Autonomous Ship: Operational, Regulatory, Quality Challenges 

Towards the Autonomous Ship is a study of existing relevant projects and an identification of the related Operational, Regulatory and Quality assurance challenges raised due to the development and actual deployment of such vessels in the near future; a number of possible solutions and approaches to overcome the identified challenges and conclusions which may be used not only in the Autonomous Ships, but also in traditionally manned vessels.  

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Maritime Cyber Insurance