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EconPapers FAQ Archive maintainers FAQ Cookies at EconPapers Format for printing The RePEc blog The RePEc plagiarism page Maritime cyber-insurance: the Norwegian caseUlrik Franke, Even Langfeldt Friberg and Hayretdin BahşiInternational Journal of Critical Infrastructures, 2022, vol. 18, issue 3, 267-286Abstract:Major cyber incidents such as the Maersk case have demonstrated that the lack of cyber security can induce huge operational losses in the maritime sector. Cyber-insurance is an instrument of risk transfer, enabling organisations to insure themselves against financial losses caused by cyber incidents and get access to incident management services. This paper provides an empirical study of the use of cyber-insurance in the Norwegian maritime sector, with a particular emphasis on the effects of the General Data Protection Regulation and the Directive on Security of Network and Information Systems. Norway constitutes a significant case as a country having a highly mature IT infrastructure and well-developed maritime industry. Interviews were conducted with supplier- and demand-side maritime actors. Findings point to a widespread lack of knowledge about cyber-insurance. Furthermore, neither GDPR nor NIS were found to be significant drivers of cyber-insurance uptake among maritime organisations.Keywords: security; risk; policy; regulation; cyber-insurance; information sharing. (search for similar items in EconPapers)Date: 2022References: Add references at CitEc Citations: Track citations by RSS feedDownloads: (external link) =125816 (text/html)Access to full text is restricted to subscribers.Related works:This item may be available elsewhere in EconPapers: Search for items with the same title.Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/TextPersistent link: :ids:ijcist:v:18:y:2022:i:3:p:267-286Access Statistics for this articleMore articles in International Journal of Critical Infrastructures from Inderscience Enterprises LtdBibliographic data for series maintained by Sarah Parker (Obfuscate( 'inderscience.com', 'informationadministrator5' )). var addthis_config = "data_track_clickback":true; var addthis_share = url:" :ids:ijcist:v:18:y:2022:i:3:p:267-286"Share This site is part of RePEc and all the data displayed here is part of the RePEc data set. Is your work missing from RePEc Here is how to contribute. Questions or problems Check the EconPapers FAQ or send mail to Obfuscate( 'oru.se', 'econpapers' ). EconPapers is hosted by the Örebro University School of Business. 59ce067264