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Rory Macfarlane and John Boles discuss Cyber Security in an era of opportunity'

News / / Rory Macfarlane and John Boles discuss Cyber Security in an era of opportunity'

With Maersk Line suffering a loss in revenue of between USD200M and USD300M due to the NotPetya attack, it is clear that innovative solutions must be developed to combat cyber-attacks, particularly as patches and upgrades are becoming ineffectivenbspThe podcast covered the WannaCry and Petya or NonPetya attacks and how they have affected board room strategy The speakers assessed the current cyber security position in relation to the shipping industry and emphasised the importance of understanding the nature of cyber-attacks and how best to gear internal security strategies Identifying areas of vulnerability that may be exploited by a cyber-attack as well as what companies should do following an attack was also discussed The speakers focused on what senior executives should do to mitigate the risk of an attack, how they can change the corporate mind set on cyber security and where they should look for strategic partners to help guide maritime business through the cyber minefield, with the future of the shipping industry and cyber-attacks also being discussed The floor was then opened for questions from the audiencenbspYou can listen to the podcast hereRory Macfarlane has particular expertise relating to cyber security risks and has worked in conjunction with cyber security experts, Navigant, to develop products specifically for the shipping and logistics sectors to address risks posed by cyber-crime Prior to joining Navigant, John Boles served for over 20 years at the Federal Bureau of Investigation (FBI), leading cyber investigations and operations Following this, he became a Senior Vice President of Regions Bank, directing cyber fraud and international investigationsnbspIf you require further information on cyber security and what you can do to make your business safer, please click here to visit our dedicated cyber security page with all of our key contactsnbsp
Rory Macfarlane

Rory Macfarlane Partner

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