port of la

port of la

Photo courtesy of the Port of Los Angeles.

San Pedro-based Braid Theory is one of the growing number of accelerators in the country looking to grow the so-called blue economy, which spans a range of ocean-related industries and is estimated at $2.5 trillion a year.

The accelerator is accepting online applications until July 18, with its second-ever program kicking off in August.

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Photo by Shaah Shahidh on Unsplash

Los Angeles is home to the nation's busiest port, moving $276 billion worth of goods last year. It's a big target for hackers as shippers increasingly rely on automated systems.

Every month there's about 40 million attempted cyber security breaches, port officials said. That includes everything from spam to malware fishing to more serious incidents that could halt shipments for much of the West Coast.

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