What challenges do insurers face in providing coverage for cyberattacks on autonomous vehicles, and how can businesses manage these risks?
What are the challenges in insuring against cyber attacks on autonomous vehicles?
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Insurers face several challenges when providing coverage for cyberattacks on autonomous vehicles, such as the evolving nature of cyber threats, the potential for widespread and costly damages, the complexity of determining liability in case of an incident, and the lack of historical data to assess risks accurately. To manage these risks, businesses can implement robust cybersecurity measures, invest in cyber insurance tailored to autonomous vehicles, conduct regular risk assessments, collaborate with insurers to develop specialized coverage options, and stay informed about cybersecurity trends and regulations.