Cybersecurity Insurance for Drones

Akihabara News (Tokyo) — Tokyo-based insurance company Aeroentry Co. has begun providing insurance services for drone cybersecurity. It is the first insurance service within Japan to cover losses in which cyberattacks are responsible for drone mishaps.

The drone cyberattack insurance service offered by Aeroentry has been approved under the DJI-insurance system, the largest drone insurance system in Japan.

In recent years, the risk of cyberattacks has threatened various industries in Japan. For example, the number of cyberattacks on communications networks has increased significantly, tripling in 2020 compared to 2017.

Automakers including Honda and Nissan have suffered significant cyberattacks in the past few years, temporarily shutting down their production lines.

On the other hand, the drone industry in Japan has remained unprotected from threats of this nature. Aeroentry foresees the necessity to develop an insurance policy that compensates victims if a cyberattack impacts drone flights.

The drone cyberattack insurance can cover up to ¥100 million (US$870,000) in liabilities, whether the damage be through accidents or information leakages.

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