Risk identification, mitigation and response

Phil Roche, Ffion Flockhart and Steven Hadwin, of Norton Rose Fulbright, consider cyber risks for the maritime sector

The maritime industries are becoming increasingly reliant on technology and the use of data. On the one hand, this represents a shift towards industries which are safer, more efficient and more profitable – prime examples being the increasing use of e-bills of lading and automated systems for the operation of container ports. However, this greater reliance on technology also brings with it a range of increased risks. This article explores the scope of those risks, the potential exposures and the means by which those risks can be mitigated by the maritime industries.