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MARITIME EVENTS<br />
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Fichte & Co stimulates UAE’s<br />
smart ambitions<br />
A morning of captivatingly delivered insights, concluded with a live hacker demonstration to<br />
further reinforce significant points discussed during panelist speakers’ presentations<br />
Fichte & Co Legal, one of the UAE’s<br />
leading law firms, recently held an informative<br />
breakfast seminar at the<br />
Ritz-Carlton, DIFC in Dubai, UAE.<br />
Centered around cyber security, the<br />
session tackled an increasingly relevant<br />
topic given the maritime industry’s<br />
progressive shift over the years<br />
towards digitalization. With nearly<br />
100 attendees from technology, legal<br />
and insurance sectors present, discussions<br />
resolved around best practices<br />
for minimizing cyber attacks,<br />
and tips for navigating rough waters<br />
in the event of a cyber breach arising.<br />
Before the seminar proceeded to<br />
cycle through its lineup of reputable<br />
speakers, Fichte & Co Legal Founder<br />
and Managing Partner, Jasamin<br />
Fichte, delivered her opening remarks<br />
on behalf of the firm. Fichte stated,<br />
“As the UAE seeks to be a leading<br />
smart city, it must equally develop<br />
its cyber security capabilities. In the<br />
last 12 months, 39% of the industry<br />
have experienced cyber-attacks,<br />
34% didn’t have an IT policy and<br />
47% believed the biggest cyber vulnerability<br />
was their staff.”<br />
Fichte further added, “These statistics<br />
are all clear indicators which<br />
highlight the fact that hacking isn’t<br />
just something that happens in Hollywood<br />
movies. Cyber attacks are a<br />
real threat which requires the administration<br />
of effective policies, and a<br />
know-how for dealing with such situations,<br />
because if you wait to worry<br />
about it only once it happens, it will<br />
be too late.”<br />
Combatting a growing risk<br />
Though the imitation of a company<br />
and its personnel isn’t a common<br />
occurrence, cyber crime is still possible<br />
and does occur. A valid example<br />
would be in 2013 when a group of<br />
hackers infiltrated the operational<br />
systems of a rig posted on the coast<br />
of Africa. The consequence of not<br />
being adequately secure resulted in a<br />
19-day idle period to remove viruses<br />
and malware before the rig was once<br />
again deemed seaworthy. This is just<br />
one of many signs indicating that the<br />
maritime industry is highly vulnerable<br />
to cyber breaches.<br />
Jasamin Fichte<br />
Managing Partner<br />
In the last 12 months, 39% of the industry have<br />
experienced cyber-attacks, 34% didn’t have an IT<br />
policy and 47% believed the biggest cyber vulnerability<br />
was their staff – Jasamin Fichte<br />
Elaborating on the growing risk of<br />
cyber attack in maritime was Capt.<br />
Abdulla Darwish Al Hayyas, Federal<br />
Transport Authority – Land<br />
and Maritime Director of Maritime<br />
Transport Affairs. Al Hayyas said,<br />
“As the maritime industry continually<br />
evolves, hackers are becoming equally<br />
as deceptive. Modern technology<br />
has enhanced ship operation by improving<br />
efficiency and performance<br />
but at the cost of opening ports, cargo<br />
and other shipping aspects to the<br />
vulnerability of cyber crime.”<br />
Referencing the International Maritime<br />
Organization’s role in combatting<br />
this susceptibility, Al Hayyas<br />
further added, “The IMO recognized<br />
an urgent need to raise awareness<br />
on cyber crime at its 98th session of<br />
the Maritime Safety Committee in<br />
June 2017, resulting in the adoption<br />
of Resolution MSC.428(98). Compliance<br />
aside, it is vital that ship owners<br />
act now and implement cyber security<br />
to ensure that their assets and<br />
crewmembers are both protected.<br />
Alessandro Tricoli<br />
Fichte & Co Partner<br />
Progressive future<br />
The progression of maritime towards<br />
embracing technology is<br />
something that many would cite as<br />
long overdue. Captain Tony Fields,<br />
Lloyd’s Register VP of Middle East &<br />
Africa for Marine & Offshore commented<br />
on this notion saying, “In<br />
comparison to other industries, the<br />
maritime sector has been dinosaurlike<br />
in its approach. Despite this, we<br />
are gradually evolving and continuing<br />
to prioritize safety while understanding<br />
that everyone’s concern starts<br />
from the top down and responsibility<br />
should never be deflected.”<br />
During his presentation on the<br />
challenges of overcoming new cyber<br />
risks, Fields highlighted a Copenhagen<br />
Captain’s Chair being set up<br />
to demonstrate the ability to easily<br />
move an unmanned tug from<br />
a remote location. Fields clarified,<br />
“Though there aren’t a multitude of<br />
unmanned vessels lying around with<br />
systems waiting to be infiltrated, it<br />
clearly is possible. As autonomy becomes<br />
more prevalent going forward,<br />
the discussion of who will be liable in<br />
the future is still in question.”<br />
A collective effort<br />
“A good lawyer will ensure someone<br />
else is liable,” Fichte & Co Partner,<br />
Alessandro Tricoli joked before<br />
discussing legal implications of cyber<br />
crime and the importance of<br />
due diligence. Tricoli stated, “There<br />
is no magic formula. Unless you are<br />
fully disconnected from the internet,<br />
a task that is nearly impossible to<br />
achieve in today’s society, making cyber<br />
crime unavoidable. It’s not a matter<br />
of if you’ll be hacked, it’s a matter<br />
of when you’ll be hacked and knowing<br />
how to go about it.”<br />
Offering his expert insight on how<br />
to handle a breach, Tricoli explained,<br />
“Be transparent. Ensure your IT department<br />
is not fearful of risking job<br />
security so that they will report an<br />
incident upon recognition. This will<br />
enable you to immediately identify<br />
the ransomware or human error and<br />
work towards effectively stopping it.<br />
By being honest, your business and<br />
others in the industry will benefit<br />
with much needed industry knowledge<br />
as we collectively seek to promote<br />
safe and secure shipping.”<br />
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