The industry-leading ABS FCI Cyber Risk™ Methodology last night won the fourth high-profile award, the Excellence in Data and Technology Innovation Award, at the Lloyd’s List Asia Pacific Awards.
Collaborating with leading government agencies, ABS Cyber Risk experts pioneered the innovative method, which simplifies cyber risk in marine & offshore environments. ABS developed the groundbreaking ABS FCI Cyber Risk™ Methodology to measure cybersecurity risk associated with operational technology, offering clients a calculated risk index for vessels, fleets and facilities. The approach quantifies cybersecurity risk and provides owners and operators with an actionable strategy to reduce cyber risk onboard a vessel. Effectively, it places the controls for responding to cyber risks back into the hands of the asset owner.
The ABS’s Methodology was developed following a 2-year research contract with the Maritime Security Center—a US Department of Homeland Security Center of Excellence—led by Stevens Institute of Technology and including the US Department of Defense.