The new company will provide bespoke cybersecurity solutions, guidance, methodology and training to the maritime industry
The ever-growing threat of cyber-attack on the maritime industry has only been magnified by the Covid-19 pandemic. At the same time, the industry’s ongoing digitization of its business processes, while indispensable in modernizing, streamlining and enhancing the efficiency of these processes, has increased their exposure to cyber-attack. Multiple recent cyber-attacks on the maritime industry have caused significant disruptions at great cost, raising awareness and highlighting the crucial importance of cybersecurity. According to a recent report by Cyber Risk Management, a major cyber-attack on Asia’s ports could end up costing the global economy as much as $110 billion. Other estimates predict that cybercrime could cost the world economy $6 trillion annually by 2021.
In response, ZIM is deploying its vast experience and long-standing cooperation with cybersecurity experts Konfidas to establish ZKCyberStar, a new subsidiary company offering a full range of cybersecurity services, tailor-made…