Home ShipmanagementLegal Part 3: A very modern form of piracy: Cybercrime against the shipping industry – Data Protection

Part 3: A very modern form of piracy: Cybercrime against the shipping industry – Data Protection

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Part 3: A very modern form of piracy: Cybercrime against the shipping industry – Data Protection

 Clyde & Co  Insight – 20 April 2021

The maritime industry, which uses vast quantities of electronically stored and transmitted data, is particularly vulnerable to ransomware threats. Increasingly sophisticated strains, like Conti or REvil, can spread across the entire network of a shipping company, infecting computers globally and encrypting data. Not only are systems encrypted, but the ransom attacker may often exfiltrate data stored in servers.

Therefore, the extortion not only relates to decrypting and restoring access to stolen information but also to threatening the public release of the stolen data on the dark web. Even if a company could restore their data from backups and avoid the need to rely on decryption keys from the threat actor, the risk of any data accessed or exfiltrated being disclosed or published remains.

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 Authors 
   Daniel JonesPartnerGet in touch    Rosehana AminSenior AssociateGet in touch  
 
   Rory DuncanSenior AssociateGet in touch    
 

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