18 August 2025
How Cyber Insurance Protects Your Transport Business
The transport and logistics sector has rapidly embraced digital transformation—whether through telematics, routing software, or integrated supply chain platforms. While this has delivered increased efficiency and visibility, it has also opened the door to a rising tide of cyber threats.
From ransomware attacks to data breaches and invoice fraud, transport businesses are now high-value targets for cybercriminals. And the consequences can be devastating—not only in terms of financial loss but also operational disruption and reputational damage.
Cyber insurance is no longer a luxury. It’s an essential layer of protection for any transport operator that wants to stay secure, resilient, and competitive in today’s digital age.
The Rising Tide of Cyber Threats in Transport
Transport companies handle a vast amount of sensitive data—delivery schedules, customer records, payment information, and supply chain communications. This makes them attractive targets for cyberattacks.Key cyber risks affecting the transport sector include:
- Ransomware Attacks – Criminals lock down IT systems and demand payment to release them.
- Phishing Scams – Fake emails trick staff into revealing passwords or authorising payments.
- Invoice Fraud – Attackers intercept emails and change bank details on invoices.
- GPS & Telematics Hacking – Interfering with tracking systems to redirect or steal cargo.
- Data Breaches – Exposing client or employee information, leading to GDPR fines and legal claims.
Real-World Example: Cyber Theft in a Haulage Business
In 2022, a Midlands-based haulage firm was hit by a sophisticated phishing scam. A malicious email, disguised as being from a supplier, tricked the finance team into updating payment details. Over £240,000 was transferred to a criminal account before the fraud was discovered. Because the firm had cyber insurance with crime and social engineering cover, they were able to recover a significant portion of the loss. The insurer also provided access to forensic IT specialists and legal advisors, helping them contain the breach and notify affected partners swiftly. Without cover, this event could have crippled the business financially and damaged key client relationships. There have been examples of large hauliers having to close their doors for good following a cyber incident.How Cyber Insurance Responds
Cyber insurance doesn’t just offer financial reimbursement—it delivers a broad response package designed to help your business recover quickly and reduce future risk.A quality cyber policy typically includes:
- Incident Response Team Access – IT forensic experts, legal advisors, and PR consultants.
- Business Interruption Cover – Protection for lost income during downtime.
- Data Breach Notification – Support with GDPR compliance and legal obligations.
- Cybercrime Cover – For fraud, social engineering, and unauthorised fund transfers.
- System Damage & Recovery – Cover for restoring software, hardware, and data.
- Reputational Damage Protection – Assistance in managing your business’s public image.
Why Transport Businesses Can’t Afford to Ignore Cyber Insurance
Transport businesses are operationally dependent on technology. A cyberattack can ground vehicles, freeze routing systems, or shut down warehouses—delaying deliveries and harming service levels. This isn’t just an IT issue; it’s a supply chain risk, a legal exposure, and a threat to your bottom line. Given the increasing frequency and severity of cyber incidents in the UK, cyber insurance is one of the most cost-effective risk management tools available.Need help understanding your cyber exposure?
We offer free cyber health checks for transport and logistics businesses across the UK. Get in touch today to learn how cyber insurance can protect your business in an increasingly digital world. Contact steven.gillespie@ascendbroking.co.uk 
