Combating Maritime Cyberattacks

Cyberattacks on Caesars Entertainment and MGM Resorts triggered greater concern among industry and government leaders, as the methods used continue to evolve. With total worldwide global ransomware damages rising from $325 million in 2015 to around $20 billion in 2021, the U.S. is establishing industry-wide measures to protect against threats. For maritime stakeholders, cybersecurity must be a company priority. Key actions include following best practices, reporting incidents, and implementing effective protections.