GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Shipbuilding Industry Statistics

The shipbuilding industry is increasingly becoming a target for cyber attacks, with reports indicating a rising number of incidents and vulnerabilities in recent years.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

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In this post, we examine the concerning statistics surrounding cybersecurity in the shipbuilding industry. From the exponential increase in cyberattacks on operational technology to the staggering financial implications of breaches, these data points shed light on the urgent need for enhanced cybersecurity measures within maritime sectors. Let’s dive into the numbers that highlight the vulnerabilities and risks faced by shipbuilding companies today.

Statistic 1

"92% of total cyber-automation claims in the shipbuilding sector in 2019 were marine-related."

Statistic 2

"Cyberattacks on operational technology increased by 2000% in the maritime sector from 2019 to 2020."

Statistic 3

"64% of marine insurers saw an increase in cyber claims in 2020."

Statistic 4

"By 2026, the Global Naval Shipbuilding Market is expected to reach $46,582 million."

Statistic 5

"A cybersecurity breach can cost a major marine port around $110M."

Statistic 6

"Three out of five cyber attacks target SMBs including those in shipbuilding industry."

Statistic 7

"Only 15% of shipping companies have sufficient cybersecurity measures in place, despite 72% considering cyber threats a major issue."

Statistic 8

"41% of companies in the shipbuilding industry have an established cybersecurity leader within their organization."

Statistic 9

"Cyber threats to maritime operational technology (OT) increased by more than 900% between 2017 and 2020."

Statistic 10

"Accounting for indirect impacts, a cyber attack on major Asian-Pacific seaports could cost as much as $110bn."

Statistic 11

"70% of cyber attacks in the shipbuilding industry are ransomware attacks."

Statistic 12

"In 2020, cybersecurity-related incidents in the shipbuilding industry cost an estimated $2.9b globally."

Statistic 13

"95% of breaches in the shipbuilding industry are due to human error."

Statistic 14

"68% of shipbuilding companies have no staff dedicated to cybersecurity."

Statistic 15

"Less than 40% of the shipbuilding industry feels prepared to handle potential cyber attacks."

Statistic 16

"Cyber attacks on shipbuilding companies could result in a $300 billion loss per year to the global economy."

Statistic 17

"Roughly 43% of shipbuilding companies do not have any cybersecurity training programs for their employees."

Statistic 18

"Only 12% of shipbuilding firms consider themselves "well-prepared" for cyber incidents."

The statistics presented underscore the critical need for enhanced cybersecurity measures within the shipbuilding industry. With a significant increase in cyberattacks targeting operational technology and a high percentage of breaches attributed to human error, it is evident that greater emphasis must be placed on cybersecurity awareness and training. The potential financial losses associated with cyber incidents, along with the concerning lack of dedicated cybersecurity staff and training programs in many shipbuilding companies, highlight the urgency for industry-wide improvements. Failure to address these vulnerabilities could not only result in substantial economic ramifications but also compromise the safety and security of maritime operations.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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