Cyber threats have evolved significantly, posing serious risks to the maritime sector and leaving shipowners and managers increasingly vulnerable to cyber-attacks that can cause operational disruptions, financial losses, and reputational damage. Traditional insurance policies often exclude cyber coverage, creating a critical gap in protection.
The SCISSOR (Singapore Cyber Insurance for Safe Shipping and Operational Readiness) Insurance portal addresses this gap by bridging marine and cyber insurance, offering owners and operators a seamless process to obtain comprehensive, IMO-compliant cyber coverage. This provides maritime businesses with clarity and assurance that their vessels and enterprises are adequately insured against these emerging cyber risks.
