Cyber spotlight
Tailored for takeoff: Airline cyber coverage considerations
After the July 2024 CrowdStrike outage caused compensation and operational expenses across the airline industry, the event raised a question that airlines and their insurers had long been wrestling with: How will a standard cyber policy respond to losses an airline may sustain when its systems fail?
Because airlines operate across multiple jurisdictions, depend on complex supplier networks, and serve millions of passengers and cargo customers, a cyber event can quickly trigger operational disruption, regulatory obligations, customer compensation, and significant financial loss far beyond the IT environment.
Read the full article to explore how specialist cyber endorsements can help to address those complexities and seek to align coverage more closely with the realities of airline operations.
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