The world experienced a ransomware explosion, which will likely continue its upward trajectory in 2022.
Cybercrime, which includes everything from theft or embezzlement to data hacking and destruction, is up 600% as a result of the COVID-19 pandemic.
With hundreds of thousands of unfilled cyber security jobs, we will witness a dramatic increase in this figure due to the continued growth of ransomware, data breaches, and other cyberattacks.
Due to the above, Shipping Companies will find it increasingly difficult to protect their networks and data; hence the role of third-party Cyber Security partners such as Marpoint will become more significant towards managing and protecting what is sacred.
These efforts will be strengthened by AI and machine learning technologies to analyze vast quantities of data more quickly, detecting sneaky issues such as phishing attacks and insider threats.
These attacks are particularly effective because they can take down an organization’s entire software supply chain and services, resulting in massive business disruptions.
Cybercriminals will realize that these supply chain attacks are an effective way to cause maximum disruption, and once inside the trusted gates, the hardest part of the hack job is already handled, hence we can expect these attacks to become commoditized
As companies become more aware of the risks associated with data breaches and standardize on what it takes to attain coverage, the cyber insurance market is starting to mature.
The benefits of being insured will outweigh the disastrous in-all-terms impact from a cyber-attack.
Expect the unexpected.
Organizations in the Maritime industry can’t plan for everything, but they should plan for anything.
From a natural disaster and a weather disruption to a cyber incident, major events are expected to place enterprise disaster recovery (DR) in the year ahead, shore-side and onboard ships as well.
Everyone now perceives the value of protecting a shipping organization’s assets, where the cost of NOT will be higher than ever.
Today, businesses face threats from attackers far beyond the capability of traditional Backup / DR processes to recover effectively.
Cyber resilience allows organizations to take proactive steps to protect their organization and rapidly respond and recover from incidents with limited downtime. Embracing cyber resilience enables businesses to have the foundation to deal with existing and emerging threats.