THE GREAT DISCONNECT report


Recent research explores the maritime industry’s relationship with cyber security risks and makes recommendations to shipowners and operators to improve how those risks are managed within their organisations.


CONSULTING


THE GREAT DISCONNECT


The state of cyber risk management in the maritime industry


Key finding: shipowners pay an average of $3.1 million in ransoms due to cyber attacks


The Great Disconnect report is a collaboration between produced by maritime cyber security company CyberOwl, maritime innovation agency Thetius and law firm HFW. After taking into account the views of more than 200 industry professionals through a combination of an industry survey and research interviews conducted with cyber security experts and stakeholders, the report attempts to shed light on the cyber security readiness of shipping.


SURVEY RESULTS AND SUMMARY OF KEY FINDINGS


Nick Chubb, Patrick Finn & Daniel Ng


Foreword by Guy Platten, Secretary General of the International Chamber of Shipping


16.1% SEAFARER


41.1%


ASHORE FOR INDUSTRY SUPPLIER


42.7%


ASHORE FOR SHIPPING COMPANY


36%


of industry professionals believe their organisation has been the victim of a cyber attack in the last three years.


73%


of respondents believe their organisation has a cyber security incident response plan.


BREAKDOWN BY SENIORITY ASHORE:


44% OF


EMPLOYEES IN OPERATIONAL ROLES


37% OF EMPLOYEES IN


MANAGEMENT ROLES


19% OF EMPLOYEES IN


LEADERSHIP ROLES 3%


BREAKDOWN BY DEMOGRAPHIC:


90% OF 71% OF SHORESIDE


PERSONNEL AT SHIPPING COMPANIES


SEAFARERS


55% OF INDUSTRY 61% OF SENIOR


SUPPLIERS LEADERS


52% 34%


of industry professionals believe their organisation has a process in place for gathering intelligence on cyber security threats.


of cyber attacks resulted in the respondents’ organisation


paying a ransom. $3.1 MILLION


...Is the average ransom paid


of industry professionals believe their organisation has insurance in place to cover cyber attacks.


Image credit: CyberOwl, Thetius, HFW 50 | The Report • June 2022 • Issue 100


However, the authors note that maritime has still a lot to do in order to be better protected from cyber-attacks, and for this reason it presented a 4-point plan for the industry to follow in order to enhance its cyber resilience.


Speaking at the launch of the Great Disconnect report, Chris Bhatt, Chief Commercial Officer, Aon explained that “shipping is not taking responsibility, as it passes it all to IT, saying it is their job.” For this reason, he suggests for maritime to spend money to assess vulnerabilities and find potential risk points.


Agreeing with Mr. Bhatt, Ronald Spithout, an industry expert in maritime digitalisation, added that, “As of now shipping has taken half measures regarding cyber security, in order to be compliant. However, these measures are not enough to really protect itself.”


According to the Great Disconnect report, within maritime organisations, there is a disconnect between the perceived and actual readiness to respond to an attack. Whether at sea or ashore, the more senior a member of staff is, the less likely they are to know if their organisation has suffered from a cyber-attack.


In fact, at sea, 26% of seafarers do not know what actions are required of them during a cyber security incident, and 32% do not conduct any regular cyber security drills


192 RESPONDENTS


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