Manufacturers' ultimate cyber insurance quote solution revealed
The Importance of Cyber Insurance
Cyber insurance policies are designed to cover the costs associated with data breaches, network damage, and other cyber-related incidents. For manufacturers, these policies can include coverage for business interruption, data recovery, legal fees, and even public relations efforts to mitigate reputational damage. With the average cost of a data breach reaching $4.24 million globally in 20211, the financial implications for unprotected manufacturers can be devastating.