Cybersecurity: Eight Tenets to Consider

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11-18-2017 - THE MARITIME EXECUTIVE

 By Norma Krayem

Cybersecurity risks to the nation's critical infrastructure, now defined as 17 sectors including the transportation and maritime sector, are growing exponentially.

The maritime sector is a cornerstone of our national and economic security. The United Nations Conference on Trade and Development (UNCTAD) has stated  that “80 percent of global trade by volume and more than 70 per cent of its value being carried on board ships and handled by seaports worldwide,” which represents a staggering role in the global economy.

Nations around the world, including the U.S., have made it clear that cybersecurity is both a priority and a mainstream national, homeland and economic security concern. The Trump Administration recently issued Presidential Executive Order (EO) 13800, "Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure" reinforces that as have the U.S. Congress and the Executive Branch.

Perhaps as a reminder of the fragility of our global infrastructure, the day after EO 13800 was issued, nearly 100 nations and numerous critical infrastructure sectors around the globe were hit by the WannaCry ransomware attack. Then again in early July, a second wave of global cybersecurity attacks (known as the Petya/non-Petya malware) hit multiple sectors, including the transportation and maritime sectors.  CLICK HERE TO READ FULL ARTICLE