CyTr, a company specializing in maritime and ship cybersecurity, announced that it has passed the Public Procurement Service’s Innovation Product Demo Day with its ship cyberthreat modeling software.

The Demo Day was organized to discover companies based on promising technologies and to support their entry into the public market and commercialization. Innovative companies expected to lead future industries participated and showcased their technological competitiveness.

CyTr’s ship cyberthreat modeling software is characterized by its ability to identify in advance potential cyberthreats that may arise throughout the entire lifecycle of a vessel, from design to operation, and to derive response strategies based on simulation. This enables the establishment of a proactive, prevention-centered security system.

As ship cybersecurity regulations are being strengthened internationally, demand for related technologies is expanding rapidly. With the International Maritime Organization (IMO) at the center, the application of ship cybersecurity has become mandatory, prompting global shipowners, shipyards, and maritime institutions to work on securing capabilities to respond to cyber risks.

CyTr expects that passing this Demo Day will provide opportunities for pilot procurement and proof-of-concept projects with public institutions. As supply through negotiated contracts will be possible in public sectors such as Navy and Coast Guard vessels and government ships, a favorable environment is expected to be created for securing initial references and expanding business.

In the absence of ship cyberthreat modeling technology, costs and man-hours are consumed in making modifications each time a cyberthreat is discovered during ship design, construction, sea trials, and operation, causing disruptions to shipbuilding, delivery, and operation.

A CyTr representative stated, “Ship cybersecurity is becoming an essential element in the digital transformation of the maritime industry,” adding, “Based on this selection, the company plans to accelerate technology validation and commercialization not only in Korea but also in global markets.”

Industry observers believe that ship cyberthreat modeling technology will also contribute to strengthening the competitiveness of the shipbuilding, marine, and defense industries. Reflecting cybersecurity from the ship (merchant ships and naval vessels) design stage is expected to enhance responsiveness to international regulations and reinforce security, helping secure a competitive edge in the high value-added ship market.

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