Cyber security survey shows more action is needed in the industry
Overview
The result of a cyber security survey launched by BIMCO, Fairplay and ABS Advanced Solutions shows that while the number of cyber related attacks within the last 12 months has declined; protective measures, training and awareness need to improve.
According to the survey, in which more than 350 individuals responded, more than a fifth reported that they had been the victim of an attack. In addition, 72% of these mentioning that their own company was a victim of a cyber related incident in the last 12 months.
“The many cyber related attacks and incidents within the last 12 months indicates that there is still good reason for the industry to be better prepared in the future,” says BIMCO’s Head of Maritime Technology and Regulation, Aron Frank Sorensen and continues:
“In the survey, 27% of respondents reported that they had never received cyber security training, and only about half of respondents have a business continuity plan in place, should they become a victim of a cyber security attack, while 31% of respondents had none,” Aron Frank Sorensen said.
Another finding was that 49% of respondents reported service disruption as the result of the attack and the incident caused financial loss for 25% of respondents. In addition, only 16% had the breach covered by insurance while 84% did not have the attack covered.
BIMCO and Fairplay launched the annual survey for the third time in June with the aim to gather insight and greater awareness on how the industry prepares for and handles cyber attacks.
The survey showed that the Industry guidelines initiated by BIMCO on cyber security were the most widely used by respondents.
“That is very encouraging but it also pushes us to improve our guidelines, which we are preparing the third version of right now. The survey matters because it allows us to gather knowledge about cyber risks and attacks that would normally never be reported. We can use the result to further develop the cyber security guidelines and thereby help the industry to be more prepared and better protected in the future,” Aron Frank Sorensen said.
Notes to editors
For further information or to request an interview, please contact:
Rasmus Nord Jørgensen
Communications Director
Mobile: +45 2168 0421
Email: rnj@bimco.org
About BIMCO
BIMCO is the world's largest international shipping association, with around 2,000 members in more than 120 countries, representing 56% of the world's tonnage. Our global membership includes shipowners, operators, managers, brokers and agents. BIMCO is a non-profit organisation.
Download RELATED Documents
-
Fairplay and BIMCO Maritime Cyber Security survey 2018 1.3 MB
Download now
Feedback or a question about this information?
Posted:
24 September 2018
Updated: 18 October 2018
VPS Bunker Alerts
Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.
The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.
Latest ice reports for members
Latest piracy reports
Latest industry releasable threats
Related event
NATO Maritime Command’s (MARCOM) - Maritime Security Symposium
- London,UK
- 12 December, 2024
Jakob P. Larsen, BIMCO’s Head of Maritime Safety & Security, will speak at the annual NATO Maritime Command’s (MARCOM) Maritime Security Symposi...
Related publication
The Guidelines on Cyber Security Onboard Ships
Ships and shipping are vulnerable to cyber attacks so the industry joined forces and developed Guidelines on Cyber Security onboard Ships based on high-level pr...
ELSEWHERE ON BIMCO
Contracts & Clauses
All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.
Learn about your cargo
For general guidance and information on cargo-related queries.
BIMCO Publications
Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.
About a new business partner
We can help members check new business partners. We also help to recover millions of USD (undisputed) funds every year.
