With the maritime industry shifting to advanced technologies to help drive smart and intelligent shipping, these provide very exciting and innovative opportunities and are the biggest advance in maritime operations since the advent of the steam engine. Yet these technology advancements do bring major concerns in terms of cyber dependency and the major concern of cyber risks and threats. Cyber attacks are increasing and have become a global concern as many systems and devices that run critical infrastructure and decision making are now connected through the worldwide web. Cyber attacks have emerged as the most serious threat to North America.
The frequency and volume of threats has increased to such alarming rates that they have become worldwide news such as the recent data breaches at Target, the Office of Personnel Management, Anthem and Ashley Madison. Public and private companies have become more vulnerable to cyber attacks as established IT security controls are now failing to protect the current systems. Many companies are not moving quickly enough to new technologies, often because of cost and time constraints.
As a result, cyber attacks have been deemed the greatest threat and concern to eight global economies – the USA, Germany, Estonia, Japan, Holland, Switzerland, Singapore and Malaysia. This means that is it highly important that cyber attacks become an urgent boardroom debate; they are no longer an IT problem, but a whole company problem.
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