New insurance policies are coming into the market to protect fleets from the threat of cyber-attacks.

According to UK law firm Clyde & Co, which has dubbed the threat of cyber-attacks on ships a “modern form of piracy”, the increasing digitalisation of on-board technology is adding to the threat.

High-profile cyber raids on AP Moller-Maersk, Cosco and CMA CGM have largely targeted shore operations, but the law firm said that threat is shifting to the sea.