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THOUGHT LEADERSHIP

“The maritime industry today is highly reliant on technology

across virtually all fronts, from onshore to shipboard

operations to navigation at sea. We believe it is time for the

industry to now pay closer attention to this emerging risk.”

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raise awareness of the need to be vigilant practitioners, this seminar is aimed at
“We are susceptible
and to catalyse discussions on best raising awareness and sharing valuable
if we are not ready”
practices to mitigate the risks posed by insights for us to remain ahead of the

cyber security threats,” said Maritime and curve in building more robust capabilities
Port Authority of Singapore (MPA) Chief for the maritime industry to prevent and He also expressed his concerns

Executive, Andrew Tan.manage cyber threats,” he said.regarding the readiness of companies to

In the opening speech by Guest of deal with cyber security threats. Citing
Honour Esben Poulsson, President of the a recent CNBC exposè commissioned by

Singapore Shipping Association and Vice Tanium and NASDAQ on Wall Street’s

Chairman of the International Chamber of readiness for cybersecurity threats, it was
Shipping, he addressed two trends which revealed that more than 90% of corporate

are already signiicant within the maritime executives said that they could not read

industry – Big Data and Cyber Security.a cyber security report and were thus not

“With the growing sophistication of prepared to handle a major attack.
cyber-attacks, cyber security is an area of “We are susceptible if we are not ready

vital interest to shipowners and operators. and I express concerns as I stand here

It is therefore timely that the Maritime and today, because I know not many of us are
Port Authority of Singapore and Singapore ready or well-informed of the threats of

Shipping Association are co-organising this cyber attacks which our companies’ assets

seminar. With the support of cyber securityare vulnerable to,” Mr Poulsson said.

ISSUE 50 | WAVES