Class society ABS reports that its FCI Cyber Risk Model, an analysis and risk management tool used to identify threats and measure cyber risk exposure, has been granted a patent by the United States Patent and Trademark Office.
The FCI Cyber Risk Model is a quantitative risk index developed through a research grant from the US Department of Homeland Security, which aims to increase visibility and control over critical maritime operations.
The model is used to identify the systems that present the highest cyber risk within shipping company operations to prioritise mitigation activities. The tool is currently in use by ABS Consulting, a subsidiary of ABS focused on risk and reliability services.
“Safety is at the core of ABS’ mission and the FCI Cyber Risk Model is unique in its ability to help make industrial operations safer, more reliable and resilient by effectively countering cyber threats,” said Christopher J. Wiernicki, ABS Chairman, President and CEO.
“This demonstrates how ABS continues to innovate to deliver our safety mission in the digital era.”