Well, sharks, among other fish, are indeed electro sensitive.
I remember that some yeas ago there was a video that a submarine filmed. It showed a shark nibbling on an undersea cable
Apparently they had an issue with their cables and wanted to investigate, and they were very surprised to see sharks causing the damage.
Though i have no idea how just strapping a magnet to your wrist will really help. I just have to hope they are under close scrutiny, considering that this is potentially very harmful.