Matthew Montgomery

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Last quote by Matthew Montgomery

Some ship owners are now identifying the areas where they are exposed to cyber risks, developing and testing written information security and incident response plans, and putting their incident response team through simulated exercises (with the assistance of external legal advisors) to see where the gaps are. Once a shipowner has implemented active cyber risk identification and mitigation processes, they are likely to be in the best possible position to transfer any remaining exposures through a cyber insurance policy.feedback
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Feb 01 2017
This includes software to run the engines, complex cargo management systems, automatic identification systems (AIS), global positioning systems (GPS) and electronic chart displays and information systems (ECDIS). The added incentive for a hacker is that the shipping industry involves high value assets and the movement of valuable cargo on a daily basis. Most insurance policies covering ships include a cyber attack exclusion clause which excludes cover for property damage and business interruption. This has left a potential exposure for shipowners.” said Matthew Montgomery on this article: Shipping industry vulnerable to cyber attacks and GPS jamming. This page contains 1 article quoting Matthew Montgomery. Main topics on which Matthew Montgomery is quoted are system and shipping. In addition you’ll find 2 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
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Quotes by Matthew Montgomery

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