New Cyber Security Clause From BIMCO

BIMCO’s Documentary Committee has agreed a new standard Cyber Security Clause that requires the parties to implement cyber security procedures and systems, to help reduce the risk of an incident and mitigate the consequences should a security breach occur.

In the wake of recent costly cyber security incidents involving large shipping companies, cyber security has become a major focus in the maritime industry.

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Source: hellenicshippingnews.com

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