GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Shipping Industry Statistics

Cyber attacks in the shipping industry are increasing, with research showing that 41% of companies reported experiencing a cyber breach in the past year.

In this post, we will explore the alarming statistics surrounding cybersecurity in the shipping industry. From the frequency of cyber-attacks to the financial repercussions faced by companies, these numbers shed light on the urgent need for enhanced cybersecurity measures within the maritime sector.

Statistic 1

"The maritime sector is struck by a cyber-attack every 45 seconds, according to estimates."

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Statistic 2

"In 2020, 31% of maritime cybersecurity incidents were connected with malware."

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Statistic 3

"According to the World Economic Forum, the shipping industry ranks 5th in areas most prone to cyberattacks."

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Statistic 4

"Roughly ten percent of the world's total cyber attacks in 2018 occurred in the maritime industry."

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Statistic 5

"In 2020, only less than 15% of the maritime industry felt "well-prepared" for a major cyber incident."

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Statistic 6

"Between 2012 and 2016, cybersecurity incidents in the shipping industry rose by 400%."

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Statistic 7

"The NotPetya cyberattack cost Maersk, the world's largest container ship and supply vessel operator, an estimated $300 million."

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Statistic 8

"Approximately 64% of maritime CEOs believe they are vulnerable to data breaches and cyber-attacks."

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Statistic 9

"In 2015, over 50% of the companies in the maritime industry said they were victims of cybercrime."

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Statistic 10

"By 2022, the maritime cybersecurity market is expected to reach $1.05 billion."

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Statistic 11

"The average cost of a cybercrime event for the maritime industry was $4.9 million in 2020."

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Statistic 12

"The maritime industry is expected to see a 900% increase in cyberattacks over the next three years."

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Statistic 13

"By 2021, maritime companies reported an increase in spear-phishing attempts by 58% compared to the previous year."

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Statistic 14

"A 2020 survey showed that 69% of maritime executives considered cyber and data privacy as a top risk."

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Statistic 15

"The number of detected cyber incidents in the maritime sector tripled from 120 incidents in 2017 to almost 400 in 2019."

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Statistic 16

"The average cost of recovering from a cybersecurity attack in the shipping industry is $1.8 million."

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Statistic 17

"More than 40% of crew reported receiving phishing emails while on board ships."

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Statistic 18

"An average data breach in the maritime industry takes about 279 days to identify and contain."

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The statistics paint a stark picture of the alarming frequency and severity of cyber threats facing the shipping industry. From the rapid rise in cyber incidents and the significant financial costs incurred to the industry’s perceived lack of preparedness and vulnerability, it is clear that urgent action is needed to enhance cybersecurity measures. The projected surge in cyberattacks, coupled with the prolonged detection and containment times for data breaches, underscores the critical need for maritime companies to prioritize cybersecurity as a top risk and allocate resources accordingly. Failure to address these risks effectively could have devastating consequences not only for individual companies but for the industry as a whole.

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