With cyber security an essential part of ship operations, a start-up with new technology in this field has raised SFr500,000 (US$530,000) for further development
CYSEC, which is helping a European satellite group to prevent cyber threats affecting ship tracking, secured these funds from the Foundation for Technological Innovation for ongoing implementation of its risk mitigation solution. This is a new, versatile, highly scalable cyber security solution called ARCA.
ARCA stores sensitive data and runs critical software in a trusted environment. It can be quickly deployed for a secured environment, offering organisations a cost-effective method to adapt to changing security and business requirements. Operators can use ARCA to securely manage access keys, provide encryption and decryption functionalities and digital signatures.
ARCA’s strong authentication services relying on cryptographic algorithms. It can secure internet of things (IoT) technology and servers.
CYSEC has partnered with several industry players to introduce its cyber security technology. It gained a contract with the European Space Agency (ESA) to protect ship tracking communications against cyber threats.
CYSEC will use its secured servers and experience in satellite communications security to lead a feasibility study to investigate the protection of ESA’s Global Navigation Satellite System and satellite-AIS communications.
CYSEC is also working with Metaco, a provider of secure infrastructure for digital assets and has partnered with global satellite IoT network provider Astrocast, Geosatis, a unique IoT devices provider for critical infrastructure and Build38, a leader in the security of mobile applications. CYSEC is a member of the Confidential Computing Consortium.
Cyber security has become more important in ship operations and will become a mandatory requirement from 1 January 2021 under IMO’s amendments to the ISM Code.
Methods of preventing cyber threats and response to attacks will be discussed in depth during Riviera’s Maritime Cyber Security Webinar Week, starting 4 August, use this link for more details