automotive cybersecurity

Upstream Report Flags Remote Attack Growth As HSB Adds Fleet Cyber Coverage

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Imagine a fleet operator arriving Monday morning to find dispatch screens frozen, drivers locked out of their vehicle apps, backend systems encrypted, and attackers demanding payment to restore access. HSB has launched a cyber insurance product for internet-connected work vehicles, called HSB Commercial Cyber for Auto. This coverage is designed for hacked commercial vehicles and … Read more

How Cyber Risk Is Turning Into A Credit Threat For Global Carmakers

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S&P Report Links Cyber Attacks And Auto Credit Quality A new S&P Global Ratings report warns that cyber risk is now an immediate threat to automakers’ credit ratings worldwide. The study, “Auto Sector: When Cyber Risk Becomes Credit Risk,” finds that cyber incidents can quickly disrupt factory operations and hurt company finances. The main points … Read more

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