Protect Manufacturing Assets With Unbeatable Cyber Insurance Solutions

Real-World Examples and Statistics

The importance of cyber insurance is underscored by real-world incidents. For instance, a prominent global manufacturer recently faced a ransomware attack that disrupted operations across multiple facilities, resulting in millions of dollars in losses. With a comprehensive cyber insurance policy, the company was able to recover quickly, utilizing the insurer's resources to restore systems and mitigate further damage¹.

According to a report by Cybersecurity Ventures, cybercrime is expected to cost the world $10.5 trillion annually by 2025². This staggering figure highlights the necessity for robust cybersecurity measures, including insurance, to protect against potential losses. Furthermore, a survey by Hiscox revealed that 61% of businesses experienced a cyber incident in 2020, emphasizing the widespread nature of the threat³.