HSB Launches Cyber Insurance for Connected Commercial Vehicles
MUENCHENER RE GP UNSP/ADR (MURGY)
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Source: Business Wire
HSB Commercial Cyber for Auto covers damage to systems and data when work vehicles are hackedKey protection pays for lost business income from vehicle cyberattacksAdditional coverage includes towing, transportation, and loss of useCyberattacks on Vehicles are a Serious Threat HARTFORD, Conn.--(BUSINESS WIRE)--HSB today announced a new cyber insurance coverage that protects internet-connected commercial vehicles from hackers and pays for lost business income resulting from cyberattacks.HSB Commercial Cyber for Auto also covers cyber extortion, identity theft, and includes alternative transportation when targeted work vehicles can’t be operated.“Cyberattacks on commercial vehicles are a real and growing threat,” said Eric Hendricksen, commercial cyber practice lead for HSB, part of Munich Re Group. “With millions of connected commercial cars and trucks on the road, cybercriminals could hack into apps and automobile connections. Business owners need to get ahead of this emerging risk
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