Korean Register and Hyundai LNG Shipping to work on cyber security

KR chairman Lee Jeong-kie, and Hyundai LNG Shipping's CEO, Lee Kyu-bong. Credit: Korean Register of Shipping

The Korean Register (KR) and Hyundai LNG Shipping have signed a memorandum of understanding (MOU) to conduct joint research maritime cyber security systems.

The MOU brings together KR’s maritime cyber security certification capability and Hyundai LNG’s expertise in cyber security technology. Under the agreement, the two companies will jointly verify cyber security solutions applicable to new ships and will develop risk analysis and design safety evaluations for cyber security systems.

The International Maritime Organization (IMO) has stipulated that from 2021, shipowners must ensure that cyber risks are appropriately addressed in safety management systems.

KR’s executive vice-president for R&D, Ha Tae-bum, said, “The MOU and the resulting joint research conducted with Hyundai LNG will strengthen our capabilities in the certification of new ships, ensuring our position as technological industry leader in maritime cyber security sector.”

Hyundai LNG’s head of business operation, Choi Jang-pal, said that the MOU signals the company’s commitment to develop its cyber security expertise to support other shipowners.

The company, spun off from HMM, accounts for 28% of liquefied natural gas imported into South Korea.

A ship’s cyber security system protects its operational data, the networks that deliver data, and the data storage. Demand for cyber security protection has grown in recent years because of the rapid convergence of ship operational information and communication technologies and the increased exchange of information between ship and ship and ships and land, respectively.

The importance of maritime cyber security was highlighted when A.P. Møller – Maersk’s global computer systems were hit by the NotPetya ransomware in June 2017.

KR established its own maritime cyber security certification system last year and provides cyber security certification services for companies and ships, and cyber security-type approval services for networks and automation systems of ships.

KR’s certification system is fully aligned with the marine cyber security guidelines of the International Security Standards (ISO 27001, IEC 62443), the IMO, and BIMCO.