How can manufacturers safeguard themselves against industry-specific cyber risks with appropriate insurance coverage?
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How can manufacturers safeguard themselves against industry-specific cyber risks with appropriate insurance coverage?
Manufacturers can safeguard themselves against industry-specific cyber risks by obtaining cyber insurance specifically tailored to their industry. This type of insurance can provide coverage for a range of cyber incidents such as data breaches, system downtime, and other cyber-related losses. It’s important for manufacturers to work with insurance providers who understand the unique cyber threats faced by their industry in order to ensure adequate coverage. Additionally, manufacturers should regularly review and update their insurance policies to align with emerging cyber risks and new technologies.