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Guardforce Announces its Subsidiary, Handshake Networking, has Launched a New Cyber-Security Marine Scanning Service with a Leading Operator of Global Container Vessels
NEW YORK, May 13, 2022 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited ("Guardforce AI" or the "Company") (NASDAQ:GFAI)(NASDAQ:GFAIW), an integrated security
About this update from Guardforce Ai Co., Limited
[{"type":"text","content":"NEW YORK, May 13, 2022 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (\"Guardforce AI\" or the \"Company\") (NASDAQ:GFAI)(NASDAQ:GFAIW), an integrated security solutions provider, announced today that Handshake Networking Limited (“Handshake”), a subsidiary of the Company, has developed an automated marine scanning service designed to address key security vulnerabilities in the maritime transportation industry. The Company also announced it has launched this new service with one of the world’s leading operators of global container vessels based in Hong Kong. Handshake Networking is a premier information security service provider, with a track record of providing network security solutions, including penetration testing, to multinational corporations since 2004. Assessing vulnerabilities and cyber-attacks on vessels at sea is complex, as these vessels move unpredictably between network providers. However, the new service, provided by the Company under a Software-as-a-Service (SaaS) model, addresses these vulnerabilities by allowing marine vessel operators to schedule security scans, adapting to unpredictable changes in the network and speeding up response time to a ship, even in the middle of the ocean. Once a scan is completed, the vessel operator receives a report showing any exposed services and vulnerabilities. This scanning platform provides global coverage and is hosted within the Company’s cloud environment. Based on recent shipping fleet statistics from UK Department for Transport, at the end of 2021, there were an estimated 63,000 trading vessels in service around the world. Each of these ships contains complex computer systems for managing the engines, fuel and navigation, as well as e-mail, software updates, and access to cloud applications. Connection to global networks via satellite and cellular data is critical; however, this multiple network connectivity makes ships vulnerable to cyber-attack. Terence Yap, Chairman of Guardforce AI, stated, \"We are pleased to announce the launch of our automated marine scanning platform with one of the premier operators of global container vessels. Prior to our selection, our new automated marine scanning service was heavily evaluated by this customer, providing strong validation of the robustness of this cyber intelligence offering and application within the maritime transportat...