The industry-leading ABS FCI Cyber Risk™ Methodology last night won another high-profile award, taking the total for the year to four and underlining its pre-eminence.
ABS won the Excellence in Data and Technology Innovation Award at the Lloyd’s List Asia Pacific Awards.
The honor follows the Lloyd’s List Americas award secured in September and two top industry awards from Seatrade and Smart4Sea magazines earlier this year, confirming ABS as the global leader in cyber security for the maritime and offshore industries.
“As our safety world transforms and focuses on the systems we don’t see, such as software and digital, cyber is quickly adding a new dimension to safety systems,” said Christopher J. Wiernicki, ABS Chairman, President and CEO. “This succession of awards recognizes that ABS remains at the forefront of safety leadership in this new arena.”
Working closely with leading government agencies, ABS Cyber Risk experts pioneered the innovative method, which simplifies cyber risk in marine and offshore environments. ABS developed the groundbreaking ABS FCI Cyber Risk™ Methodology to measure cyber security risk associated with operational technology, providing clients a calculated risk index for vessels, fleets and facilities. The approach quantifies cybersecurity risk and gives owners and operators an actionable strategy to reduce cyber risk onboard a vessel. Effectively, it places the controls for responding to cyber risks back into the hands of the asset owner.
The FCI Cyber Risk Methodology was developed following a two-year research contract with the Maritime Security Center—a U.S. Department of Homeland Security Center of Excellence—led by Stevens Institute of Technology and including the U.S. Department of Defense.