Classification society Bureau Veritas (BV) has announced a new partnership with insurance consultancy BESSÉ to support shipowners with services to improve their cyber security and acquire better cyber insurance.
This partnership will see the organisations combine their expertise to help shipping stakeholders manage the risk of cyber-attacks and help them comply with IMO and IACS requirements.
BV has developed a set of rules (NR 659) which make up a framework for assessing maritime cyber security, to determine the level of cyber risk and to recommend organisational, technical and procedural measures to reduce this risk to an acceptable level.
This process includes an inventory of equipment, systems and networks connected at sea and on land and a cyber risk analysis to identify vulnerable systems and equipment. A cyber risk management policy is then developed, with BV overseeing implementation of technical and organisational procedures. An additional Class Notation is also available, to verify management of cyber risk on board.
BESSÉ can then respond to the risks identified by BV and create tailored insurance products, helping shipowners transfer part of the cyber risk to their insurers.
“This evidence-based picture provides the basis for the insurance industry to meet the new expectations of shipowners and operators,” said Matthieu de Tugny, President of Bureau Veritas Marine & Offshore.