A new integrated risk management solution launched for the global shipping community is said to be the first of its type, according to OSERV.
OSERV, OSM Maritime Group’s specialized concept for supply chain management and value-added services, developed the solution together with cyber security specialist Pragma.
Combining five crucial elements of cyber protection – technical, operational, IT backup, legal and media crisis management, the new SEAWALL Maritime Cyber Security solution aims to address the peril of cyber-attacks in today’s climate of the escalating incidents in the maritime industry.
A 2017 ransomware attack involving Maersk, the world’s largest container shipping line, incurred an estimated loss of $300 million – revealing the extent of the challenge for the industry in dealing with a digital crisis.
OSERV’s Managing Director, Peter Schellenberger said, “Cases of sophisticated cyber-attacks are increasing and it is crucial for shipowners and managers to understand what to do in an event of a cyber-attack and in view of existing risks, how to protect vessels, crew and companies, on top of anticipating the costs arising from it.”
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