Manufacturing Plants Find Best Cyber Insurance Deals Instantly

Real-World Examples and Statistics

Several manufacturing plants have successfully navigated cyber incidents thanks to their cyber insurance policies. For instance, a large automotive manufacturer was able to recover quickly from a ransomware attack that encrypted their production data. Their cyber insurance covered the costs of data recovery and business interruption, minimizing the financial impact².

Moreover, a survey conducted by Accenture revealed that 68% of manufacturing executives expect cybersecurity spending to increase in the coming years³. This trend reflects the growing recognition of cyber insurance as a critical investment for safeguarding business operations.