Cyber Risk
Commercially driven management for shipping.
Cyber Risk & Compliance in Shipping
The shipping sector has been focused quite heavily on a compliance-driven approach to cyber risk management, catalysed by IMO 2021. However, cyber risk management is really more a commercial issue and ultimately about ensuring you are protecting against your key financial exposures. Compliance is just one consideration.
HFW and CyberOwl have joined forces to help our clients assess, monitor and actively manage their cyber risks, and gain assurance of cyber compliance.
HFW’s market-leading shipping lawyers, recognised as experts in advising our clients on major incident prevention and response, and CyberOwl’s team of data and security experts work together to help the maritime sector prevent and actively defend against commercial, legal, technical and operational risks, including reviews of vessel cyber security seaworthiness, cyber security monitoring, and related legal and consulting advice.
Experts providing pragmatic advice & solutions
Together we can help you overcome the unique technical, operational, legal and commercial challenges of shipping by assisting you in identifying where your realistic cyber exposure lie, how best to actively monitor and mitigate those risks, and gain assurance of cyber compliance. Our combined solutions help you minimise your liabilities in the unfortunate event of a cyber attack.
HFW’s cross-jurisdictional expertise in maritime risk, crisis management, insurance and regulation expertise means that HFW is ideally placed to assist with any cyber-related query, and should you be faced with an attack, HFW’s renowned international cyber response team can provide a 24/7 response.
iterative, practical and incremental
Commercial
What are my contractual responsibilities and exposures relating to cyber security?
Operational
Are my people and processes ready to ensure business resilience?
Technical
What level of technologies and controls is good enough to manage the risks?
Compliance
Have I exercised cyber security due diligence?
Insurance
Which residential risks are not covered by my insurance policies?
The Lifecycle Dilemma: Navigating cybersecurity risks across designing, constructing and operating a vessel
Shifting Tides, Rising Ransoms and Critical Decisions: Progress on maritime cyber risk management maturity
The Great disconnect: the state of maritime cyber risk management
OUR GLOBAL LOCATIONS
Leveraging the combined expertise of HFW and CyberOwl, explore our extensive international reach and presence.
RELATED INSIGHTS
Cyberowl written insights
CMA CGM cyber attack: Are my team prepared?
The CMA CGM cyber attack came to emphasise the vulnerability of the shipping industry to attackers.
In response, CyberOwl produced a two-part Special Report on the questions management should be asking IT, and how IT teams should answer them.
What is the CMA CGM cyber attack happened to us?
As fleet operators started to ask themselves questions about their organisations resilience to similar attacks, in part two of the Special Report, CyberOwl discusses how to respond to managements questions on the CMA CGM attack, covering the 6 main queries that may arise in similar circumstances.
What cybersecurity issues are keeping shipping up at night?
To assist the shipping sector on cyber security matters, CyberOwl ran a series of workshops in pursuit of developing a free toolkit to the shipping community take practical steps towards cyber safety and defence. In this article, the team dives into the workshop results and some interesting trends and insights to take away from them.