News / Shipping's 'culture of secrecy' makes it more vulnerable to cyber-attacks

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Rather than being particularly attractive as a target for cyber-criminals, it is the shipping industry’s internal behaviour that poses the biggest risks, a cyber security expert has told The Loadstar.

A survey into cyber-attacks on the maritime industry by CyberOwl and law firm HFW, collating findings from 200 C-suite respondents, found that only 3% reported that their company had paid a ransom – yielding a scary, but statistically insignificant, ‘average’ payout of $3.1m.

Though the 3% figure was low compared with other ...