Manufacturing Plants Cut Costs with Cyber Liability Quotes
Real-World Examples and Success Stories
Consider the case of a mid-sized manufacturing plant in the Midwest that faced a ransomware attack. Thanks to their comprehensive cyber liability policy, they were able to cover the $250,000 ransom demand and associated recovery costs without crippling their finances2. Another example is a large automotive parts manufacturer that reduced their cyber insurance premiums by 15% after implementing a company-wide cybersecurity training program3.