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Cyberattacks on connected fleets create new risks for lenders, insurers

Data, privacy breaches accounted for 68% of cyber incidents in 2025

Johnnie Martinez II

As commercial fleets become “computers on wheels,” rising cyber incidents are driving new insurance products and reshaping financial risk.  Specialty insurer HSB, part of Munich ReGroup, has introduced cyber coverage tailored to commercial auto as connected vehicles become more vulnerable to attacks that can disrupt operations, impair collateral and pressure borrower cash flows, Eric Hendricksen, product manager lead for HSB, told Equipment Finance […]

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