Virtual robbery – prevention is better than cure

Alistair Mactavish, of ITIC, reports on the dangers of technology and the way it is allowing criminals to commit virtual robbery, seemingly with ease. His is an end-of-year warning that many in the marine sector are continuing to fall into the traps set by cyber criminals

Without question, the digital age has transformed the way we do business. Technology advances rapidly, processes move more quickly, and transactions have become slicker. Harnessing data and introducing digitisation is now commonplace and the adoption of AI (artificial intelligence) and ML (machine learning) software is fast becoming a reality in many industries.