Work by the Port of Los Angeles to create a Cyber Resilience Center involving companies that do business at the port is a credit-positive approach to dealing with the risk of online attacks, according to Moody’s Investors Service.
The port convened a maritime stakeholder working group on April 24 comprising shipping lines, marine terminal operators, railroad companies, labor and representatives from the trucking industry to discuss closer collaboration to deal with cybersecurity threats. The effort is still in the planning stages.
Maersk containers at Los Angeles. Maersk, the world’s largest container shipping company, was infected in June 2017 by the NotPetya cyber attack.
Bloomberg News
“The decision to form a cross-sector Cyber Resilience Center is credit positive because it marks a continued evolution of the port’s focus on strengthening capabilities to prevent cybersecurity threats,” Moody’s analyst Moses Kopmar wrote in Friday’s report.
A Cybersecurity Operations Center created by the port in 2014 to monitor network traffic and detect cyber incidents has prevented roughly 20 million cyber-intrusion attempts per month,…
