Cyber insurance claims rose 45% in 2025, driven by smaller hacker groups using simpler attack methods. The trend affects all connected industries, including automotive insurance companies managing telematics and digital systems.
cyber security
Manufacturing Cyber Attacks Drive Up Insurance Claims
A five-year analysis reveals that 90% of manufacturing insurance losses come from ransomware attacks, despite representing only 12% of total claims. The cyber security crisis in manufacturing could drive up insurance costs across industries, including auto coverage.