TY - GEN
T1 - Cyber Insurance in the Maritime Transportation System
AU - Drazovich, Logan
AU - Wetzel, Susanne
N1 - Publisher Copyright:
© 2023 IEEE.
PY - 2023
Y1 - 2023
N2 - The current cyber insurance model is poorly suited for and does not aid the cyber resilience of the maritime transport system. Traditional maritime insurance increasingly exempts cyber claims from policies making cyber insurance a necessity for protecting against cyber risk. With an ever-growing number of cyber events in the maritime transportation system, effective cyber insurance is a necessary investment. Our paper attempts to address this disconnect by analyzing the current cyber insurance marketplace in the maritime transportation system and identifying challenges and opportunities that aim to increase resilience.
AB - The current cyber insurance model is poorly suited for and does not aid the cyber resilience of the maritime transport system. Traditional maritime insurance increasingly exempts cyber claims from policies making cyber insurance a necessity for protecting against cyber risk. With an ever-growing number of cyber events in the maritime transportation system, effective cyber insurance is a necessary investment. Our paper attempts to address this disconnect by analyzing the current cyber insurance marketplace in the maritime transportation system and identifying challenges and opportunities that aim to increase resilience.
KW - Maritime transportation system
KW - cybersecurity
KW - insurance
KW - resilience
UR - http://www.scopus.com/inward/record.url?scp=85182934989&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85182934989&partnerID=8YFLogxK
U2 - 10.1109/LCN58197.2023.10223323
DO - 10.1109/LCN58197.2023.10223323
M3 - Conference contribution
AN - SCOPUS:85182934989
T3 - Proceedings - Conference on Local Computer Networks, LCN
BT - Proceedings of the 48th IEEE Conference on Local Computer Networks , LCN 2023
A2 - Bulut, Eyuphan
A2 - Tschorsch, Florian
A2 - Thilakarathna, Kanchana
T2 - 48th IEEE Conference on Local Computer Networks , LCN 2023
Y2 - 2 October 2023 through 5 October 2023
ER -