Digital Risk: The Challenges of the Digital World
In the digital era, the world is becoming increasingly interconnected and reliant on technology. With the rapid advancement of technology, we are seeing an explosion of digital data, which is growing at an unprecedented pace. This digital revolution has brought with it a range of new opportunities, but also new risks.
Digital Risk refers to the risks associated with the use of digital technology, including the risks to the security, privacy, and integrity of digital data. The presentation conducted during the ITOSF conference discusses some of the major digital risks that individuals and organizations face in the digital world.
To mitigate these risks, individuals and organizations should implement robust security measures, protect privacy, monitor their online presence, and ensure compliance with legal and regulatory requirements. By taking a proactive approach to digital risk, individuals and organizations can protect themselves and their data in the digital era.
Video Collection
Key Moments at the ITOSF 164th Conference
Capt. Zarir introducing at the ITOSF conference in Muscat, talking about Digital Risk and the rising cyber threat present in the Marine Industry.
Commenting about BYOD (Bring-Your-Own-Device) as one of the potential Digital Risk that can affect the wellbeing of the vessel.
Discussing about the cyber resolutions published by the International Association of Classification Societies (UR E26, E27) at the need for compliance on vessels.
Discussing about Third-Party Risk and Risk of Human Error. Third-Party Risk are experienced by 80% of organizations and 82% of data breaches occurred are due to human error.
The statistics provided in the 2022 report by Allianz Group shows the Top 5 Risks faced by Oil and Gas. Cyber risk has declined to 21% comparing from last year.
A quick glimpse at various methods to reduce the risks of a cyberattack. With various tools and techniques available, it is up to the organization to ensure compliance for effective cyber mitigation measures.