• Home
  • News
  • Videos
  • Marine Tech
    • Air Compressor
    • Ship Generator
    • Oily Water Separator
    • Ship Stabilizer
    • Boiler
  • Navigation
    • Mooring
    • Watchkeeping
    • Maneuvering
    • Anchoring
    • Equipment
  • Maritime Law
  • More
    • Case Studies
    • Life At Sea
    • Maritime Knowledge
    • Marine Careers
    • Naval Arch
    • Ship Safety
    • Shipboard Guidelines
    • Forums
    • Types of Ships
    • Financial Planning
    • Photos
    • Apps
  • Premium E-Books
  • Free E-Books
  • Home
  • News
  • Videos
  • Marine Tech
    • Air Compressor
    • Ship Generator
    • Oily Water Separator
    • Ship Stabilizer
    • Boiler
  • Navigation
    • Mooring
    • Watchkeeping
    • Maneuvering
    • Anchoring
    • Equipment
  • Maritime Law
  • More
    • Case Studies
    • Life At Sea
    • Maritime Knowledge
    • Marine Careers
    • Naval Arch
    • Ship Safety
    • Shipboard Guidelines
    • Forums
    • Types of Ships
    • Financial Planning
    • Photos
    • Apps
  • Premium E-Books
  • Free E-Books

Marine Insight

The Maritime Industry Guide

You are here: Home › Shipping News › New ABS Model Offers Quantitative Cyber Risk Assessment For Marine Assets

New ABS Model Offers Quantitative Cyber Risk Assessment For Marine Assets

By MI News Network | In: Shipping News | Last Updated on June 6, 2018

TwitterFacebookLinkedInPinterestBuffer

ABS announced its successful development of a groundbreaking new methodology to measure cybersecurity 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.

Until now, cyber risk assessment methods were largely qualitative, characterizing risk based on threats, vulnerabilities and consequences. These elements were useful in understanding risk; however, they were not quantifiable.

“With assets increasing in complexity, comprising several interconnected control systems, it was critical to develop a simple, quantifiable method to measure cyber risk,” said ABS Chairman, President and CEO, Christopher J. Wiernicki. “The ABS FCI Cyber Risk™ model gives owners and operators a straightforward approach to understanding their existing cyber risk and a concrete approach to reducing that risk.”

New-ABS-Model-Offers-Quantitative-Cyber-Risk

Image Credits: ABS

With its Functions, Connections and Identities (FCI) model, ABS can now calculate a cyber risk index for a client’s individual assets or entire fleets. From the risk index, an actionable report details precisely how to reduce cyber risk, which allows clients to target cybersecurity investments across their assets.

The quantifiable and calculable method evaluates not only the operational systems and connections of a vessel but also the human and machine identities, clearly enumerating the level of cyber risk exposure.

“This is data-driven decision making in action,” said Wiernicki. “With the results of the FCI Cyber Risk process, clients can apply a cost-effective risk mitigation strategy across their assets and fleets.”

The development follows ABS’ 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 US Department of Defense. The research objectives included: better definition of risk-based performance standards; development of a maritime-specific framework for cyber policy; identifying critical points of cybersecurity failure; developing design requirements for a maritime cyber test-bed; and investigating quantitative analysis tools to determine the effectiveness of cyber detection and deterrent strategies.

“Safety has always been at the heart of ABS’ mission and our revolutionary cybersecurity approach is another way we will continue to deliver our objective into the future,” said Wiernicki. “For ship owners and operators, this method not only allows them to understand their degree of exposure to risk today but provides an actionable roadmap for how to improve that position. The FCI Cyber Risk model is a new and significant step forward in safety for the entire maritime industry.”

The ABS FCI Cyber Risk model expands the capabilities in the ABS CyberSafety® Program, which includes additional assessments toward obtaining the industry’s only available CyberSafety Notations.

Press Release: ABS

Report an Error

Related Posts

fpso safety maintenance operations cover
ABS And Leading FPSO Operators Publish Best Practices For Safer Operations
HHI AIP Signing
HHI Receives AiP For Green Hydrogen Production Platform & Carbon Dioxide Injection Platform Design
WindSetter156
ABS Awards AiP For COSCO WTIV Designed By Friede And Goldman
Evolution of Vessel Design Mapped Out by the Leading OSV Class
Glimpse Of The Future Of Offshore Service Vessel Design

Tags: ABS Cybersecurity

Want to share your tips and advice? Got questions? Visit the community forum to ask questions, get answers, meet people, and share your tips!

Leave a Reply

Your email address will not be published. Required fields are marked *

Popular Now

road in pacific ocean brighter

Watch: Mysterious “Yellow Brick Road” Discovered In The Pacific Ocean

NYK's First Chief Engineers Successfully Complete NTMA And Internal Training Program

NYK’s First Chief Engineers Successfully Complete NTMA And Internal Training Program

Top 10 most powerful tugboats in the world

Top 10 Most Powerful Tugboats in the World

carolina lady / catherine lady

Captain Leaving Wheelhouse While On Autopilot Led To Grounding Of Fishing Vessel

Turkish ship fire

Turkish Seafarer Passes Away Due To Fire On Bridge Of Cargo Ship

Marine Engineering

  • Marine engine
  • Air compressor
  • Marine boiler
  • Oily water separator
  • Marine Electrical
  • Ship Generator
  • Oily water separator

Nautical Science

  • Mooring
  • Bridge Watchkeeping
  • Ship Manoeuvring
  • Nautical Charts
  • Anchoring
  • Nautical Equipment
  • Shipboard Guidelines

Explore

  • Free Maritime eBooks
  • Premium Maritime eBooks
  • Marine Safety
  • Financial Planning
  • Marine Careers
  • Maritime Law
  • Ship Dry Dock

More

  • Shipping News
  • Maritime Reports
  • Videos
  • Maritime Piracy
  • Offshore
  • Safety Of Life At Sea (SOLAS)
  • MARPOL
  Privacy Policy   |   Refund Policy   |   Contact Us  |   Disclaimer   |   About Us   |   Team   |   Advertise  |   Send Us News

Copyright © 2010 - 2022 Marine Insight — All Rights Reserved | Made with ♥ in India DMCA.com Protection Status

This website uses cookies to ensure you get the best experience on our website