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ARTICLE · 01 APRIL 2016

Cyber risks and maritime industries: risk identification, mitigation and response

The article explores the scope of the risks, potential exposures and the means of risk mitigation by maritime industries.

AustraliaTransport

First published in Maritime Risk International

Maritime industries are becoming increasingly reliant on technology and the use of data. On the one hand, this represents a shift towards industries that are safer, more efficient and more profitable – prime examples being the increasing use of e-bills of lading and automated systems for the operation of container ports. However, this greater reliance on technology also brings with it a range of increased risks.

This article explores the scope of those risks, the potential exposures and the means by which those risks can be mitigated by maritime industries.

The scope of cyber risks

The threat is a real one, as demonstrated by a prominent example of a criminal hacking of a port, which occurred at the Port of Antwerp in 2011. In this case, hackers remotely accessed the Port's network to identify containers in which they had hidden illegal goods, and removed the goods before they were searched by authorities. This

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