Exciting News from MicroSec and ACUA Ocean: A Revolutionary Partnership for Maritime Cyber Security!
MicroSec and ACUA Ocean officially joined forces to tackle security for maritime vessels, signing a groundbreaking Memorandum of Understanding (MOU) in October 2022. This partnership marked the inception of an extensive collaborative research and development project, backed by the support of Enterprise Singapore and Innovate UK. The focus? Pioneering innovative solutions in the realm of maritime cyber security.
MicroSec Pte. Ltd., a Singapore-based deep tech company renowned for its expertise in IoT security, and ACUA Ocean, the creators of cutting-edge marine hydrogen systems, autonomous vessels, and control systems, are setting their sights on the future of maritime technology. The mission was to develop next-generation IoT solutions, with a special emphasis on multi-asset swarm deployments.
In a digital age, where the maritime industry increasingly relies on technology and is rapidly transitioning to uncrewed autonomous vessels, the threat of cyberattacks has grown exponentially. Forbes reports a staggering 900% increase in cyberattacks on maritime systems over the last three years. From the infamous NotPetya ransomware attack on Maersk to the breaches of ports in Barcelona and San Diego, the maritime sector has become a prime target for cybercriminals. It's estimated that a single cyber attack on a major Asia-Pacific port could cost the global economy up to $100 billion.
The primary objective for MicroSec and ACUA Ocean partnership ws set to deliver an unprecedented, advanced cyber solution technology that was resilient against quantum-based cyberattacks. Existing post-quantum security solutions fall short, being only partially quantum-resistant or unable to provide security at the device or IoT level. This breakthrough will secure connected devices within autonomous surface ships, aerial drones, and similar applications.
MicroSec stands as the market leader in lightweight IoT security, offering encryption, authentication, and anomaly detection for IoT devices and networks from end to end. Their solutions are optimized for computation, memory, and bandwidth efficiency, making them ideal for platforms with constrained power, bandwidth, and latency.
Leveraging ACUA Ocean's Approval in Principle from LR on their hydrogen control system, this partnership is poised to introduce a new generation of cyber-secure C4 systems for Uncrewed Surface Vessels (USVs). Together, they aim to accelerate the commercialization of autonomous swarms for multi-domain operations, enabling fleets of interconnected drone ships, subsurface, and aerial assets to operate securely on deployment.
Today MicroSec is thrilled to announce a pivotal milestone in our partnership with ACUA Ocean. Together, we've achieved a groundbreaking feat – the successful completion and deployment of our quantum cryptography solution on ACUA Ocean vessels.
Andrew Woo-Schill, Head of Growth at Microsec had this to say about the achievement of this milestone, "this accomplishment represents a quantum leap in maritime cyber security and technology. It's a testament to our commitment to pushing the boundaries of innovation and ensuring the safety and resilience of maritime operations. With this cutting-edge solution in place, we're setting sail into a future where threats from quantum-based cyberattacks are firmly under control, securing the digital forefront of the maritime industry."
Dr. Vishram Mishra, CEO of MicroSec, expressed his optimism about the collaboration, stating, "By working together, we will be able to demonstrate not only a more secured vessel but also facilitate sustainability through cyber resiliency and introduce the most secured hydrogen-powered marine vessel for commercial use on the planet."
Dr. Puneet Chhabra, CTO of ACUA Ocean, stressed the importance of cyber security in autonomous system development and the need to address the risks of cyberattacks in the maritime sector. He added, "Working with MicroSec will help us accelerate our delivery of new and innovative C4 systems, building on the work we've already achieved through our ISO27001 accreditation."
Get ready for a new era in maritime cyber security and innovation, driven by the powerful partnership of MicroSec and ACUA Ocean. Stay tuned for a more secure, sustainable, and cyber-resilient maritime industry! ⚓🌐🔒
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