Jason Liberty, Royal Caribbean Cruises, Executive Vice President:
“It is happening. It’s probably happening to everybody, in my opinion. I think we get over a million different attacks a day. Our cyber-security budget used to be probably half a million dollars a year, and it’s probably $75 million to 100 million dollars a year today. Whether it’s our plans for future ships, whether it’s our employee data or our customer data, it’s a relentless attack. And a lot of times, you find those attacks are coming from typically three sources. It’s Russia. It’s Eastern Europe. And it’s China. And certainly, you have read recently some of the things that have come out of the SEC. Companies are being duped consistently where invoices or routing numbers are being modified and sent to look legitimate, and they are being paid to rogue accounts. So if you’re running a business—obviously there’s a personal side to it—I would say to be aware and prepared. It’s happening. It’s getting much more sophisticated.”
