A flaw in several Chrysler models lets hackers remotely control them, posing an unprecedented danger for American drivers. Hackers can cut the brakes, shut down the engine, drive it off the road, or make all the electronics go haywire. Still under intense scrutiny, Chrysler opted to issue a formal recall on Friday to fix the vehicles themselves. Customers participating in the recall will receive a USB flash drive, which they can insert into
their cars and upgrade their vehicles’ software.
07.24.15 – WBAL – Chrysler recalls 1.4 Million Hackable Vehicles (Product Recall Expense)
This is a great example of a product recall which may be insured through your captive. What uninsured risk could your company be exposed to? Call Oxford today and learn more!