Attention grabbing high profile cyber attacks in the maritime sector continue to remind shipowners and operators ol the costly effects such incidents can have on service and their income statements, with companies taking more decisive actions to reduce their cyber risk. That trend was reflected in the third annual Fairplay/ BIMCO Maritime Cyber Security Survey, supported by class society ABS. IN a poll of more than 350 individuals guidelines had been incorporated into their company or their fleet. Shipowners and operators are also stepping up when it comes to investing in cyber defence, with 70% responding that they have allocated up to USD50,000 on cyber security annually and 30% allocating more than USD50,000 per year.
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