Monday, February 2, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Economy

Experts warns about cyber attack on ships

Fiinews by Fiinews
May 4, 2018
in Economy, Exports, Imports, Investment, Technology
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Expedite safety and security systems

 

IR Class logo

Experts have urged global shipping community, including Indian ship operators, to build a strong anti-cyber security attack system before a disaster happens.

The warning came from Geoff Leeming, partner at Singapore-based cyber-security consultancy, Pragma, who said cyber attack was a mega problem for every industry but the shipping sector has just about “woken up in the last couple of years”.

Anti-cyber attack rules and regulations enforcement in countries like India, which is developing multi-billion dollar maritime infrastructure, is lower than the need of the day, Leeming pointed out.

“Don’t just wait for a cyber attack on your ships and maritine infrastructure, for it may be worst than the 26/11 attack in Mumbai,” said Leeming, referring to the November 2008 terrorist blasts in Mumbai and an earlier 9/11 attack on World Trade Centre in New York in 2011.

“The shipping industry has to wake up to what they can do about these threats from cyber attack planners,” said Leeming.

Indian shipping sector, just like the rest of the world, is low on the use of IT professionals and expertise despite the large pool of IT talent in the country, said Leeming.

Indian maritime infrastructure development includes privately owned ports by companies, which again are likely “identified” targets for cyber attack, added Peter Schellenberger, managing director of OSERV Pte Ltd, a global supply chain & services company from Singapore.

Backing Leeming’s views, Schellenberger said “Indian shipping companies have started looking into cyber security but it has never been the focus as it should be.”

“Some 95 per cent of Indian exports are shipped which needs a strong cyber security system fully backed by regulations and operating regimes,” said Schellenbeerger at a recent presentation on cyber scurity in Singapore.

Both experts appreciated India’s massive infrastructure in planning and implementation phases.

Schellenberger also warned “Don’t wait for an attack to happen and then hustle around to re-write your legislative pieces for safety”.

Citing expensive learning from painful losses, Leeming highlighted container shipping company A.P. Moller Maersk case. Maersk had reportedly said its revenue loss could be as high as US$300 million following the NotPetya cyberattack.

As India develops a large number of its ports, it is timely to have all the regulatory checks in place, stressed the two executives.

“Cyber attack is a dangerously open game. Governments and shipping community should expeditiously work on strong security systems,” said Schellenberger. fii-news.com

Tags: OSERV Pte Ltd
ShareTweetShare

Related Posts

Afcons and sp logo
Exports

Export: Afcons wins Uganda road project

by Fiinews
February 2, 2026
0
15

Company supports regional economic development Afcons Infrastructure Limited has secured a strategic road infrastructure project in Uganda, valued at over...

Defence SrijanDeep Portal - HAL
Investment

Invest: Defence allocated Rs.7.85lcr budget

by Fiinews
February 2, 2026
0
13

Capex for modernisation of Armed Forces Ministry of Defence has been allocated an all-time high of Rs.7.85 lakh crore in...

India Expo Centre

Export: Int trade at heart of growth story

February 2, 2026
11
EU

Export: Chile FTA to secure critical minerals

February 2, 2026
12
Fico

Tech: Pune to set up CoE for FICO

February 2, 2026
14
Invest India Infra

Invest: Infra central to India’s growth strategy

February 2, 2026
16
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tender: Railways to spend high-speed connectivity
  • Export: Afcons wins Uganda road project
  • Invest: Defence allocated Rs.7.85lcr budget
  • Export: Int trade at heart of growth story
  • Export: Chile FTA to secure critical minerals

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.