ABS today announced its successful development of a groundbreaking new methodology to measure cyber security risk associated with operational technology, providing marine and offshore clients a calculated risk index for vessels, fleets and facilities. The index quantifies cyber security risk and gives owners and operators an actionable strategy to reduce cyber risk onboard a vessel.
Never before in recorded history has so much change and disruption in the shipping industry been occurring at such an accelerated pace. The advancements in digitalization, automation, and more are prompting risks as well as rewards, requiring intentional expertise. This intentionality will help mitigate risks and will help protect the marine environment from accidents and damage. -Carleen Lyden Walker, Co-Founder and Executive Director, NAMEPA
ABS Chairman, President and CEO calls upon insurance industry and class to work closer together in addressing the next-generation safety system.