Protect Profit Margins with Cyber Insurance for Manufacturing
Real-World Examples
Consider the case of Norsk Hydro, a global aluminum producer that suffered a ransomware attack in 2019. The attack forced the company to halt production, costing them an estimated $71 million3. Fortunately, Norsk Hydro had cyber insurance, which helped cover the financial losses and facilitated a faster recovery. This example underscores the importance of having a comprehensive cyber insurance policy in place.