Gearbulk Integrated Report 2023 - Report - Page 37
INTEGRATED REPORT 2023
THE RISK OF CYBER ATTACKS FROM THE INTEGRATION
OF DIGITAL TECHNOLOGIES IS INCREASING
As a shipping company that relies on
technology for its daily operations
and global reach, Gearbulk faces
serious challenges from the rising
cyber threats and data mishandling
in the digitalised world. This includes
the use of Arti昀椀cial Intelligence (AI)
and other digital platforms that are
not adequately regulated or secured.
Gearbulk needs to protect its own
data and that of its customers, partners, and employees from potential
cyber-attacks and data breaches that
could harm its reputation, 昀椀nances,
and safety.
Outcomes
The complexity of cybercrime is on the rise, with continual
advancements in attack methods anticipated. Consequently,
businesses must regularly revise their cyber policies to remain
aligned with the latest sophisticated attack techniques.
Our Strategic Response
In collaboration with our joint venture partner Grieg and Joint
Venture G2 Ocean, we have persistently implemented tools
to prevent potential attacks and foster awareness through
employee training. Our commitment remains unwavering as
we strive to fortify our security measures, ensuring the organization’s data remains robustly secure.
Capitals Impacted
Financial
Capital
Manufactured
Capital
Human
Capital
Social and
Relationship
Capital
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