You are the Company Security Officer of a Ship Management Company, with a fleet of around 250 ships of varying ages, types, flags. You have been instructed to write a paper for the Board on how to prepare policy for the fleet, utilizing the Industry Guidelines on Cyber Security V3 in preparation for the implementation of IMO Resolution 428(98) Maritime Cyber Risk Management in Safety Management Systems
The report should comprise a description of the problem, the factors that need to be considered and recommendations for next steps. You should reference appropriate documents related to the subject but also be aware of the commercial implications to your company when giving the recommendations. Use at least 8 references.

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