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Can cyber attacks paralyze the fleet and lead to human casualties?
According to a report prepared by the law firm HFW and CyberOwl , a company specializing in cybersecurity in the maritime industry, the average damage from an attack per organization is already $ 550,000. A year ago, this amount was almost 3 times less - $ 182,000.
According to a survey conducted among 150 specialists in the marine sector, in general, foreclosure claims have increased by 350% . The average size of the buyout is kept at around $ 3.2 million (in 2022 it was $ 3.1 million).
24% of the victim companies agreed to the terms of the attackers. 25% of respondents said that their management does not have insurance against cyber risks at all.
A fleet of 30 vessels on average faces 30 incidents per month and more than 80 per year. Although most of them do not cause serious damage, it takes a lot of resources to restore systems.
Experts urge shipping companies to pay increased attention to safety issues, attracting highly qualified specialists. Now there is an acute shortage of such personnel in the industry, and this is despite the extremely low unemployment rate in the IT sector-less than 1%. You can save an impressive amount of money that not every carrier can afford.
This report is another warning for the maritime industry, as the introduction of autonomous navigation, modern means of communication at sea and artificial intelligence carries new risks.
According to a study by the DNV classification society conducted this year, more than 75% of industry professionals believe that in the next two years, major ports or strategic waterways may be completely paralyzed due to a hacker attack.
90% of respondents believe that such incidents will soon disrupt the operation of individual vessels or entire fleets. More than half are preparing for human casualties.
This has happened before. For example, in 2017, Maersk lost $ 300 million due to a cyberattack and was forced to suspend cargo handling.
According to a report prepared by the law firm HFW and CyberOwl , a company specializing in cybersecurity in the maritime industry, the average damage from an attack per organization is already $ 550,000. A year ago, this amount was almost 3 times less - $ 182,000.
According to a survey conducted among 150 specialists in the marine sector, in general, foreclosure claims have increased by 350% . The average size of the buyout is kept at around $ 3.2 million (in 2022 it was $ 3.1 million).
24% of the victim companies agreed to the terms of the attackers. 25% of respondents said that their management does not have insurance against cyber risks at all.
A fleet of 30 vessels on average faces 30 incidents per month and more than 80 per year. Although most of them do not cause serious damage, it takes a lot of resources to restore systems.
Experts urge shipping companies to pay increased attention to safety issues, attracting highly qualified specialists. Now there is an acute shortage of such personnel in the industry, and this is despite the extremely low unemployment rate in the IT sector-less than 1%. You can save an impressive amount of money that not every carrier can afford.
This report is another warning for the maritime industry, as the introduction of autonomous navigation, modern means of communication at sea and artificial intelligence carries new risks.
According to a study by the DNV classification society conducted this year, more than 75% of industry professionals believe that in the next two years, major ports or strategic waterways may be completely paralyzed due to a hacker attack.
90% of respondents believe that such incidents will soon disrupt the operation of individual vessels or entire fleets. More than half are preparing for human casualties.
This has happened before. For example, in 2017, Maersk lost $ 300 million due to a cyberattack and was forced to suspend cargo handling.