Combating Maritime Cyberattacks

siteadmin November 13, 2023

On September 11, cyberattacks on Caesars Entertainment and MGM Resorts severely impacted their global operations and share prices. The attackers utilized ransomware-as-a-service (RaaS) and social engineering, including vishing, to gain access to the companies’ systems. These incidents highlight the growing sophistication and frequency of cybercrimes, with total worldwide damages from ransomware reaching $20 billion in 2021. The U.S. Coast Guard emphasizes the need for implementing robust cybersecurity measures and incident response planning to defend against such threats.