Companies can protect themselves from cyber attacks and become compliant with new international cybersecurity regulations by using a solution launched by Speedcast and HudsonCyber. Cyber attacks and data breaches have become an imminent threat for all companies. With today’s sophisticated attacks, cyber criminals only need to find one weakness to a company’s system and its operations can be shut down in a matter of seconds.
Speedcast CyberInsights™ is based on a Lloyd’s List Intelligence Digital Innovation Award-winning risk management and assessment service that enables decision-makers of any organization to evaluate their current cybersecurity protection quickly and cost-effectively. Built on Amazon Web Services (AWS), the CyberInsights platform integrates industry-leading cybersecurity standards, frameworks and standardized practices and aligns with International Maritime Organization’s (IMO) 2021 Guidelines on Maritime Cyber Risk Management, as well as other industry-leading cybersecurity standards, frameworks and standardized practices.
“According to Cybersecurity Ventures, cybercrime damages will reach $10.5 trillion USD annually by 2025, and it is our ongoing goal to continue enhancing our cybersecurity capabilities to protect our customers,” said Jeffrey Irwin, Vice President, Product Management at Speedcast. “As part of Speedcast’s cybersecurity product suite, CyberInsights is a robust solution that will strengthen our customers’ cybersecurity capabilities and drive continuous improvements by identifying and developing a tailored cybersecurity program in a timely and cost-effective manner, compared with hiring a traditional consulting firm.”
The CyberInsights framework not only aligns with IMO 2021 Guidelines but also integrates with cybersecurity standards as described in the U.S. National Institute of Standards and Technology (NIST) Cybersecurity Framework, the Center for Internet Security’s Critical Controls, and the International Organization for Standardization (ISO) 27001, among others. Coupled with Speedcast’s consultative support approach, CyberInsights facilitates real-time benchmarking and monitoring that tracks mitigation progress.
“Our integrated approach offers Speedcast’s customers a powerful tool for implementing and sustaining their cybersecurity strategy, helping them to mitigate damages arising from cyber threats," said Cynthia Hudson, CEO of HudsonAnalytix, parent company of HudsonCyber. “The world has become more connected, and as the threats against information and operational systems increase, this solution becomes critical. Combining our unique cybersecurity capabilities with the world’s leading global satellite solutions provider, we are very pleased to collaborate with Speedcast to deliver high value-add, cost-efficient solutions to the industry.”