Cyber Liability Insurance for NAICS 336110
CYBRanked reasons a business in NAICS 336110, Automobile and Light Duty Motor Vehicle Manufacturing, needs Cyber Liability coverage. Each reason is specific to how this industry actually loses money, and ends with the question to ask before the objection comes up.
- 01
Your vehicles can be reached remotely while they are moving.
- Vehicles carry dozens of control units, cellular telematics, and over the air updates.
- Remote compromise of vehicle systems has been publicly demonstrated.
- One such case led to a recall of 1.4 million vehicles.
- ASK
- Can vehicle software be updated or accessed over a cellular connection?
- 02
Assembly plants hold hours of parts, not days.
- A plant produces a vehicle every minute on sequenced delivery.
- Stopping it idles thousands of workers and hundreds of suppliers at once.
- Losses run into millions per day per plant.
- ASK
- What does an hour of stopped assembly cost at one of your plants?
- 03
Vehicles collect detailed data about their drivers.
- Location, driving behaviour, and in-cabin data flow to your platforms.
- Regulators are focused on sharing with insurers and data brokers.
- Exposure covers an owner base measured in millions.
- ASK
- What data do your vehicles transmit, and with whom is it shared?
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