Cyberattacks Trigger Industrial Bailouts

For the first time, a government is underwriting a major loan to a private manufacturer specifically due to a cyber‑attack shutdown. Treating cyber incidents like disaster‑class events expands bailout norms from pandemics and natural disasters to digital failures and could reshape incentives for cybersecurity and insurance. — If states become insurers of last resort for cyber failures, policy must address security standards, liability, and moral hazard across critical supply chains.