The vulnerability to cyber attacks could threaten the development of the drone industry, according to a new report from Lloyd’s of London, which suggested that insurers must take into account the potential liability associated with drones that could be hacked while underwriting.
Despite the wide potential for positive uses of drones in the fields of agriculture, media, insurance, and more, more attention must be paid to cybersecurity by the manufacturers of drones, as well as the insurance industry as it adds this risk to other more traditional aviation risks, Lloyd’s commented. Much as cyber risk blurs the line for many other lines of business, drone operators face risks arising out of privacy breaches, property damage, and hacking.
Read more at http://www.advisenltd.com/2015/08/20/cyber-risk-could-ground-drones-before-they-take-off-lloyds-report-suggests/
Ayers, Erin. ‘Cyber risk could ground drones before they take off, Lloyd’s report suggests’. ©2015 Advisen Ltd. 26 August 2015.
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