Rory Macfarlane Partner
Rory Macfarlane discusses the importance of preparation for a cyber-attack
In the article, Cybersecurity a board room priority, says Ince Co', Rory emphasises that businesses must understand the likelihood of experiencing a cyber-attack, with data and money now being prime targets The consequences of such an attack can be disastrous, nbspwith a great number of companies victimised by cyber-attacks going out of business within a short period of time He stresses that company boards are now becoming increasingly important in ensuring that a business is properly protected against cyber threatsnbspDespite the huge financial cost of a cyber-attack, many companies remain unprepared Rory highlights that it is essential to invest in a satisfactory cybersecurity system and have employee protocols in place Please click here to read the full article nbspTo learn more about the cyber security product that Ince Co are offering, click here Information about Ince Co's regulatory compliance practice can be found herenbsp
Related news & insights
News / Marine Cyber Risk Insurance
09-05-2018 / Insurance, Cyber Security
Ince Gordon Dadds Partner Simon Cooper has contributed the chapter lsquoMarine Cyber Risk amp Insurancersquo to the recent release lsquoMarine Liabilities in a Global and Regional Contextrsquo
News / Cyber risks facing ship managers
14-02-2018 / Maritime, Cyber Security
Digitalisation of shipping and the associated cyber risk vulnerabilities are hotly debated and discussed topics in the shipping industry, both at state and corporate levels Whilst the focus appears to be largely on shipowners and the use of autonomous ships, there are also a number of pressing areas of concern that ought to be considered and addressed in the context of ship management
News / Is the shipping industry prepared for GDPR
15-11-2017 / Maritime, Cyber Security
Shipping companies collect a great deal of personal data, including passenger information, crew and employee details, customer lists and details of business contacts The complex global nature of the industry and high level of personal data processed and exchanged, often across national borders, can leave information vulnerable to security breaches, intentional or otherwise Implementing effective data protection controls into daily operating procedures is a huge challenge However, when the EU General Data Protection Regulation and the UK's Data Protection Act 2018 come into force on 25 May 2018, businesses ignore themnbspat their peril, as non-compliance can result in large fines and reputational damage There are also commercial benefits to effective compliance companies that protect the privacy of their passengers, employees and business associates and conduct properly targeted marketing campaigns will be more likely to attract and retain business and staff We set out below some of the issues you need to consider and how you can action them and demonstrate compliance in view of the accountability principle
News / Regulatory and compliance checklist how do your internal policies fare
24-10-2017 / Maritime, Cyber Security
Whilst transportation and infrastructure companies are no strangers to regulatory compliance, in recent years, the scope and pace of regulations have increased significantly As a result, all companies should be looking to continually update and broaden their internal compliance policies
News / Rory Macfarlane and John Boles discuss Cyber Security in an era of opportunity'
22-09-2017 / Cyber Security
Partner, Rory Macfarlane, John Boles, Director of Global Legal Technology Solutions at Navigant and Richard Clayton, Lloyd's List's Chief Correspondent recently delivered a podcast on Cybersecurity, hosted by Informa and sponsored by Ince Co
News / Rory Macfarlane examines cyber risks for shipping
20-06-2017 / Maritime, Cyber Security
Ince Co's Hong Kong-based partner Rory Macfarlane, who also co-heads the firm's regulatory and compliance practice in Asia, discussed the potential impact of cyber-attacks on shipping companies in an article published by Splash 247