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BIG DATA, CYBER & SHIPPING
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BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Oct 13, 2020

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Page 1: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

BIG DATA, CYBER & SHIPPING

Page 2: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Liberty Maritime

Corporation

• Founded in 1988, recognized for its commitment

to quality, innovation and performance

• A vessel operator specializing in Dry Bulk and

PCTC vessel management

o US Flag Focus: Food Aid & the Maritime Security

Program (MSP)

• Commercial Focus: SnP, Freight, Hedging and

Quantitative Trading

o Supramax, Panamax, Kamsarmax Sectors

www.Libertymar.com

Page 3: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Liberty Global Logistics

• A point to point multimodal logistics company

o Point to Point / Door to Door

o Port to Port / Port to Door

• Multi Modal Transportation Solutions

o Ocean – PCTC, MPP, Heavy Lift

o Trucking

o Rail

o Air Freight

• Around the World Ocean Service: USA – Med – Mid East – Far East

• Maritime Security Program & Multi-Modal Contractor

• Contracts with major OEMs & Commercial Shippers World Wide

www.LibertyGL.com

Page 4: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point
Page 5: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Unpacking Big

Data

Big data is a term that describes the large volume

of data – both structured and unstructured – that

inundates a business on a day-to-day basis. But

it’s not the amount of data that’s important. It’s

what organizations do with the data that matters.

Big data can be analyzed for insights that lead to

better decisions and strategic business moves.

Source: www.sas.com

Page 6: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Find and Utilize

Data

• Every organization has data

• Desire to use Data

• Locate Data

• Organize / Cleanse Data

• Analyze Data

• Utilize Data

• Experience Data Driven Results

Page 7: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Quantitative

Voyage Planning

and Optimization

Informed and timely decisions based on current

operational information and historic trends

• Data Inputs

• Data Analysis

Data Utilization

Identification of capacity or scheduling issues

& solutions

The Challenge: Balancing accretive

decision making with customer needs

and delivery schedules

• Speed Up or Slow Down

• Procure Now or Later

• Ballast vs. Wait

Page 8: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Basis Public Brent Crude Oil

Data

Use of data for decision making cannot account for unforeseen political events,

international commerce events, environmental or natural disasters among other items

Page 9: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Bunker Correlation Modeling

Page 10: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Enterprise

Resource

Planning

System

BOL

Booking

EDI Reporting

Space

Allocation

Customer

Portal

Page 11: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

All will be

impacted by

digitalization

Page 12: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point
Page 13: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point
Page 14: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Cyber

Page 15: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

NIST Cyber

Security

Cybersecurity

Framework

Identify

Protect

DetectRespond

Recover

Page 16: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Three CategoriesOperational Technology & Cyber Risk1

Information Technology & Cyber Risk2

Behavioral & Cyber Risk3

Page 17: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Operational Technology Cyber Risk

Operational Technology

• Satellite / Remote

• Hard Asset / Machinery itself

• Computer or System Input Receptor

• Regulatory Compliance

o Class Society Cyber Requirements

o Flag State / USCG Cyber requirements

o IMO?

Customer Requirements

Page 18: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Informational

Technology Cyber

Risk

Information Technology (IT)

• Malware

• Ransomware

• Keylogging

• Identity Mining

Firewall and DMZ Penetration

Denial of Service (DoS)

Computer Intrusion

Page 19: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Behavioral Cyber

Risk

“The Human Factor”

• Can occur through any Network Access Point

Physical Network Threats

• Employee email phishing

• Web based virus infection

Internet based threats

• Poor password strength rule sets

• Mandatory idle lock-screen enforcement

Internal based threats

Page 20: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point

Improvements and Protection

• More complex network structure

• Server Patching and Network Monitoring

• 2 Factor Authentication

• Hard Drive Encryption

• Intelligent Virus Technology

• Disaster Recovery & Cyber Intrusion Emergency

Response Plan

• Disabled Human Access Points (USB-drive)

• Random Computer Health Checks by IT Dept.

• Mobile Device Management (MDM)

• Incident Reporting and Post Mortem Follow Up

• User Education

Page 21: BIG DATA, CYBER & SHIPPING€¦ · • Commercial Focus: SnP, Freight, Hedging and Quantitative Trading o Supramax, Panamax, Kamsarmax Sectors . Liberty Global Logistics • A point