COMMENTARY: It’s unfortunate when cyberattacks serve as a wakeup call for companies to start taking security seriously; especially when security teams and researchers have been sounding the alarms for as long as I can remember. 2024 has shown that the numbers still don’t lie. Rising geopolitical tensions have led to more targeted attacks against the shipping sector, with 64 state-sponsored incidents in 2024 alone. And this isn’t just amateur, opportunistic hackers, advanced cybercriminal campaigns are targeting these organizations — making it a matter of when, not if, a company will be targeted.I’ve had many conversations with security leaders involved in the shipping industry, and they all recognize the same risks: the increased volume and sophistication of malware and ransomware threats. The challenge they face isn’t awareness of cyber activity and mitigation strategies, but how they can maximize budgets and technology for success. To make matters worse, 2025 is unlikely to present a significant economic incentive that will drive these companies to boost cybersecurity spend on new technologies unless it allows for consolidation of technology, cost reduction, or…
