Global industry report: The great disconnect

The state of cyber risk management in the maritime industry

Download the free reportWatch webinar on demand

The Great disconnect: the state of maritime cyber risk management

In the last few years, the maritime industry has made great progress in improving its approach to cyber risk management, but significant gaps remain.

This report explores the gaps that exist between the industry’s perceptions of cyber security and reality, taking into account the views of more than 200 stakeholders from across the industry, including cyber security experts, seafarers, shoreside managers, industry suppliers, and C-suite leaders.

The research has uncovered three great disconnects that exist across the industry where expectations and reality don’t match up, cyber risk management efforts are lacking, or risks that are unique to maritime exist. These industry disconnects exist not just internally within maritime organisations, but across the maritime supply chain, and in how the industry approaches investment and risk.

Download the free report

This report

  • Contains an analysis of maritime cyber threats including who targets the maritime industry and why.
  • Includes the results of an industry-first survey on attitudes to cyber risk management.
  • Explores where maritime organisations need to improve their internal cyber security management.
  • Examines the cyber risks that are included in the maritime supply chain.
  • Investigates the maritime industry’s relationship with cyber risk including insurance and legal issues.
  • Makes recommendations to the industry on how to improve cyber risk management.

Key findings

  • The financial cost of a cyberattack can be extreme: where they lead to a ransom payment, the average ransom paid by shipowners was US$3.1 million.
  • Despite this, most shipowners significantly under-invest in cyber security management: more than half spend less than US$100,000 per year.
  • Two-thirds of industry professionals don’t know whether their insurance covers cyberattacks.
  • Only 55% of industry suppliers are asked by shipowners to prove they have cyber risk management procedures in place.
  • More than 25% of seafarers don’t know what actions would be required of them during a cyber incident.
  • Within organisations, the more senior someone’s role, the less likely they are to be aware of a cyberattack.

Summary of key findings

Catch-up on demand

Brought to you by HFW, CyberOwl and Thetius

Download the global industry report here

The Great Disconnect: The state of cyber risk management in the maritime industry

Please complete your details below to register to start your free download


By entering your details here you are providing CyberOwl with personal data. We will share these details with Holman Fenwick Willan LLP (HFW). Please see HFW’s privacy notice, and CyberOwl’s privacy policy for details of how HFW and CyberOwl will process your personal data. HFW is a global law firm who we are collaborating with to provide a joint cyber security solution.

CyberOwl Ltd will be a controller of your personal data when you submit your personal data through this form. HFW will also be a controller of the personal data we share with it.

For more information on our HFW Cyberowl joint cyber security proposition

For further information on CyberOwl visit

Holman Fenwick Willan LLP is a global law firm with deep, sector-focused expertise. For more information on them please visit