cyber crime

Enhancing Maritime Cyber Security Resilience

Credit: Matt Artz/ unsplash

The maritime industry plays a vital role in the global economy, with shipping responsible for as much as 90 per cent of trade worldwide. Unfortunately, the marine sector faces a huge problem: cyber crime. 

Exploiting Vulnerabilities

The rapid digitization of core functions has had many benefits for seafarers and maritime authorities, but it has also created a web of vulnerabilities for cyber criminals to exploit. And with our latest data indicating a massive 400pc...

https://mfame.guru/enhancing-maritime-cyber-security-resilience/

It’s full steam ahead for cyber crime unless the shipping industry and the authorities can keep it in check

It’s full steam ahead for cyber crime unless the shipping industry and the authorities can keep it in check

Matthew McGhee

The steady and continuing increase in cyber piracy and the large scale measures needed to resist it have become a major concern for international shipping. More than ever, owners, operators and charterers have to focus on the motives, methods and targets of hackers; the vulnerability of computer systems; the legal concerns of charterers and other parties; the counter measures...

https://allaboutshipping.co.uk/2021/07/07/its-full-steam-ahead-for-cyber-crime-unless-the-shipping-industry-and-the-authorities-can-keep-it-in-check/

Fraudulent Emails & Maritime Cyber Security Threats

  • Dryad and cyber partners RedSkyAlliance continue to monitor attempted attacks within the maritime sector.
  • Here we continue to examine how email is used to deceive the recipient and potentially expose the target organisations.
  • Red Sky Alliance, perform weekly queries of  backend databases, identifying all new data containing Motor Vessel (MV) and Motor Tanker (MT) in the subject line of malicious emails.

A recent news article published in the Dryad Global reveals about the Maritime Cyber...

https://mfame.guru/fraudulent-emails-maritime-cyber-security-threats/

Dr Aleka Mandaraka-Sheppard on Legal Shipping Challenges: an interview with John Faraclas

Dr Aleka Mandaraka-Sheppard* on Legal Shipping Challenges: an interview with John Faraclas

I was more than privileged twenty years ago to receive a copy of her Modern Admiralty Law in her UCL office, an unforgettable day – it happened to be her birthday! – when I got to learn more about this formidable sea-maiden dealing with the Laws of the Waves. Lady Luck was all the way with me as I have been able to follow closely her distinguished career in founding the London Shipping Law Centre of which...

https://allaboutshipping.co.uk/2021/02/25/dr-aleka-mandaraka-sheppard-on-legal-shipping-challenges-an-interview-with-john-faraclas/

ECU suffering customer dissatisfaction as confusion reigns over cyber attack

ECU Worldwide is suffering serious damage to its reputation as customers become increasingly frustrated with its response to a cyber attack, which brought down some of its systems on 7 February and which remain unavailable.
While ECU’s website first told customers how to contact ECU staff, it is no longer accessible, and the company has not used its social media accounts – Twitter, LinkedIn or Facebook – to update increasingly exasperated …

The post ECU suffering customer dissatisfaction as...

https://theloadstar.com/ecu-suffering-customer-dissatisfaction-as-confusion-reigns-over-cyber-attack/

ECU Worldwide chief confirms IT systems are down after ‘cyber incident’

The chief executive of ECU Worldwide has confirmed the company’s systems have been affected by a “cyber incident”.
In a note to customers, Tim Tudor wrote: “Our online systems have been temporarily unavailable due to a cyber incident.
“As a precautionary measure we have taken our systems offline. This includes emails.
“Our IT team, along with a top independent global IT vendor, are in the midst of completing the requisite processes to get …

The post ECU Worldwide chief confirms IT systems are...

https://theloadstar.com/ecu-worldwide-chief-confirms-it-systems-are-down-after-cyber-incident/

The phone remains a useful weapon against fraud, advises ITIC

The phone remains a useful weapon against fraud, advises ITIC

Cyber-crime connected with fraudulent demands for payments continue to plague the maritime sector as a large claim handled by the International Transport Intermediaries Club (ITIC) demonstrates.

A ship manager received an email from a shipyard detailing the first payment that was due for agreed repairs. The ship manager scheduled the payment but on the day before the monies were to be released, the ship manager received a further mail....

https://allaboutshipping.co.uk/2021/01/12/the-phone-remains-a-useful-weapon-against-fraud-advises-itic/

Container Industry Shows Vulnerability In Cyber Security

  • Improsec has looked into  outwards facing indicators in 2014 and 2017 and found that the container shipping industry appeared to be quite vulnerable.
  • There was only limited improvements in the security details between 2017 and 2020.
  • 25% of carriers have be reportedly using a less secure web.
  • 50% have basic email security controls.

Cyber attacks orchestrated by criminals have a tendency to be opportunistic in nature. They target companies which appear to have access to sufficient funds to pay a...

https://mfame.guru/container-industry-shows-vulnerability-in-cyber-security/

Toll Group resists ransom demands from hackers after cyber attack

Toll Group is having a tough year, and has confirmed that the “unusual activity” on its servers last week was a cyber attack, which has now led to ransom demands.
The threat – unrelated to the attack on Toll in January – involves ransomware called Nefilim.
The hackers accessed a corporate server containing information on Toll staff and some commercial agreements with enterprise customers, although Toll said the server was not “designed as …

The post Toll Group resists ransom demands from hackers...

https://theloadstar.com/toll-group-resists-ransom-demands-from-hackers-after-cyber-attack/

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