Cyber Defense eMagazine July Edition for 2022

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Increased awareness of – and regulation around – cyber risk is translating into an uptake of cyber insurance by shipping companies, although mostly for shore-based operations to date. Typically, marine hull insurance policies exclude coverage against cyber-attack or any loss arising from a malicious act involving the use of a computer system, given the potential loss accumulation issues from such scenarios. Instead, shippers have to purchase standalone cyber insurance coverage, but to date the readiness of many in the sector to buy a marine hull specific cyber cover has been limited. However, the threat to vessels is growing as more and more ships are linked to onshore systems for navigation and performance management. Smart ships are coming, and we would expect demand for insurance to develop accordingly. What we may see in the future is a potential increase in demand for a combination of onshore/offshore coverage and this is something we will need to discuss and observe with our clients and brokers to see how far this can be taken by marine hull insurance and how far it can be taken by a broader scope of cover in a combined policy. Fortunately, there are also a growing number of resources available to help mariners learn about common vulnerabilities. Just one example is the internationally-recognized United States Maritime Resource Center, which assists the industry in cyber awareness, safety and security through evidence-based research. Then there are an increasing number of cyber security guidelines which can be followed, such as those from the IMO, but also from other important organizations such as BIMCO, CLIA, Intercargo and Intertanko. There are also standard practices that can be implemented to reduce cyber risk, such as defining personnel roles and responsibilities for cyber risk management and identifying the systems, assets and data that, when disrupted, pose risks to ship operations. Ship-owners also need to implement risk control processes and contingency planning, developing and implementing activities necessary to quickly detect a cyber event. Identifying measures to back up and restore cyber systems impacted by a cyber event is obviously crucial. Of course, these are challenging times for the shipping industry. However, IT security should not be put on the backburner. It is vital that investment in cyber risk education and security is not neglected at this time, despite economic pressures, as this risk has the potential to have catastrophic consequences, given the right confluence of events. To read the full Allianz Safety & Shipping Review 2022, please visit https://www.agcs.allianz.com/newsand-insights/reports/shipping-safety.html Cyber Defense eMagazine – July 2022 Edition 76 Copyright © 2022, Cyber Defense Magazine. All rights reserved worldwide.
About the Author Rahul is the Global Head of Marine Risk Consulting at Allianz Global Corporate & Specialty (AGCS), one of the largest insurance companies in the world. Based in London, he leads a global team of marine risk consultants who support the marine underwriting function in Marine risk selection and loss prevention at Allianz. Rahul is a qualified master mariner who has spent 14 years at sea sailing on oil tankers and bulk carriers and moved ashore after sailing as a captain for 2 years. Rahul joined Allianz in 2011 as a senior risk consultant and took over as Global Head of Marine risk consulting in 2014. In his current role he focuses on risk consulting strategy for the global marine business of AGCS. Rahul can be reached online at @CaptRahulKhanna and at our company website https://www.agcs.allianz.com/. Cyber Defense eMagazine – July 2022 Edition 77 Copyright © 2022, Cyber Defense Magazine. All rights reserved worldwide.
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3 Ways Asset Management Companies C
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Global Shipping Industry Faces Wave
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The Rise of Crypto Regulations ----
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@CYBERDEFENSEMAG CYBER DEFENSE eMAG
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Cyber Defense eMagazine - July 2022
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Page 29 and 30: 3 Ways Asset Management Companies C
Page 31 and 32: that, a fourth party is any provide
Page 33 and 34: DFS - including top banks, insurers
Page 35 and 36: Apes Gone Phishing BAYC Attack Lead
Page 37 and 38: While subtle, these differences sho
Page 39 and 40: There’s an obvious irony that the
Page 41 and 42: Cyber EO One Year Later: Feds Weigh
Page 43 and 44: addition, cloud-native endpoint det
Page 45 and 46: Cyber Risk Management: The Right Ap
Page 47 and 48: About the Author Michael Maggio is
Page 49 and 50: The Rise of Data Traps In describin
Page 51 and 52: About the Author Andrea Little Limb
Page 53 and 54: well-being of a business. Let’s t
Page 55 and 56: Crisis Point How the skills shortag
Page 57 and 58: Recruitment and retention A far mor
Page 59 and 60: forces, which saw computers locked
Page 61 and 62: EVERYONE is Part of the Security Te
Page 63 and 64: The second question helps reduce ri
Page 65 and 66: About the Author Jim Nitterauer is
Page 67 and 68: The Catalysts for Change Even when
Page 69 and 70: What is the Future of Cyber Securit
Page 71 and 72: In the global marketplace, not all
Page 73 and 74: 5. Lawfulness, Fairness, and Transp
Page 75: According to a recent industry surv
Page 79 and 80: number does seem to have reduced, b
Page 81 and 82: one at a time may seem insignifican
Page 83 and 84: Achieving the proper balance betwee
Page 85 and 86: How To Increase User and Executive
Page 87 and 88: The most important thing is to focu
Page 89 and 90: Access-as-a-service (aka initial ac
Page 91 and 92: About the author Danna Bethlehem, d
Page 93 and 94: A Customized, Personalized Perspect
Page 95 and 96: Conclusion Gartner defines Integrat
Page 97 and 98: import table hijacking, control flo
Page 99 and 100: Levelling The Battlefield with Cybe
Page 101 and 102: e on the losing end. It is therefor
Page 103 and 104: The exploit seems to be out in the
Page 105 and 106: Mitigate Risk by Securing Third Par
Page 107 and 108: injection. Browser based applicatio
Page 109 and 110: Malware threats were detected in EM
Page 111 and 112: U.S. seeks to safeguard the supply
Page 113 and 114: Poor Identity Management Amplifies
Page 115 and 116: only as good as the trust in identi
Page 117 and 118: Endpoint Security These businesses
Page 119 and 120: Q&A With Mickey Bresman, CEO Of Ide
Page 121 and 122: and performs a comprehensive set of
Page 123 and 124: Raising the Alarm on DDoS Attacks B
Page 125 and 126: Finding weak spots in your cybersec
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Russia’s Invasion of Ukraine Lays
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Since organizations have predominan
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Scared Of Your Own Shadow IT? Addre
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SMPs that are designed to automatic
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Here are some security best practic
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VIP3R: Dissecting A New Venomous Sp
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After analyzing more than half a mi
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Basic overview of M2M/HMC/IIoT Comm
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frequencies, modulation schemes, an
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Figure 2: Flow chart of interferenc
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The 6 Biggest Financial Sector Cybe
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Social Engineering Social engineeri
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The Artificial Intelligence Tug-of-
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The Balance of Power: One Disturban
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About the Author Guy is the Founder
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SOCs lack solutions that allow them
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The Future of Attack Surface Manage
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By most standards, ASM is still imm
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The Growing Importance of VPNs By I
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The Chance to Reduce Costs Addition
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the country as he asserts “We’r
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Left/Centre: Bachu App to report en
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Ukraine experienced just such SS7 l
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The Importance of Responsible E-Was
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Around a third of businesses experi
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The Numbers Are In: Identity-Based
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Using Current Data to Project Futur
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What’s the current state of play?
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The Role of Compliance in Cybersecu
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egulations use the best industry pr
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With more than 27 billion endpoint
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The SEC Just Released Its 2022 Prio
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and operational resiliency best pra
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As well as the above attendees have
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Black Hat 2022 Website: BlackHat Da
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About Salt Communications Salt Comm
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an accurate record of your tech sta
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Top 3 Future Technologies to Look O
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Cybersecurity is at the tipping poi
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Reviewing legacy AD infrastructures
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About the Author Tammy Mindel, Semp
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Take the Deus Finance exploit as an
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Why Cybersecurity Is Critical for E
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Over the past two years, there has
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Risks Involving Video Conferencing
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Why Automation Isn’t Replacing Cy
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You Can’t Prevent Every Attack, B
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While it is difficult to manage lar
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If you wish to dive deeper into the
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unpatched with no support, setting
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Selecting the Right Zero Trust Vend
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Zero-Trust Needs to be a Priority -
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Additional protections, also built
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CyberDefense.TV now has 200 hotseat
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Books by our Publisher: https://www
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