A LACK of focus on cybersecurity could devastate business for ship owners and managers, according to maritime technology company SmartSea. In 2025, it is predicted that cybercrime will cost the global economy around $10.5 trillion.
With ransomware being the number one threat in the maritime industry, SmartSea, formed by the world's leading provider of transport communication in the aviation industry, SITA, advocates for the early adoption of cybersecurity software as the industry moves forward with digitalization.
