Why hackers are targeting the world's shipping

Recent reports show that the world's shipping industry is increasingly vulnerable to cyber attacks, with criminal organizations, hostile countries, and Nigerian gangs targeting ships and ports for high-value fraud and ransom demands. Threats in the industry have doubled, with cyber criminals demanding an average ransom of $3.2 million. The maritime sector faces significant risks as it becomes more digitally connected, making it a prime target for hackers seeking financial gain or disruption of operations. To safeguard against attacks, shipping companies must address vulnerabilities, update technology, and enhance cybersecurity measures.