Shipping industry trailing in the wake of automation risks

Sjaak Schouteren, of JLT Specialty, discusses the role blockchain might play in keeping shipping safe from cyber attack

The maritime sector is among those increasingly exposed to cyber risks, especially as it looks to use new technology and business models to drive efficiency. With technology being frequently relied on for communication, navigation and propulsion machinery, modern commercial shipping is becoming progressively dependent on technology and vulnerable to cyber risks.