Cyber insurance for utilities
When ransomware shuts you down
Ransomware locks up your computers and someone wants money to unlock them. For a utility, the bigger cost is often the downtime: crews working by hand, billing stopped, overtime, and outside experts.
What coverage can help with
- Negotiation and payment where the law allows, plus recovery and forensics
- Lost revenue and extra expense during the outage (Source: EPA)
- Rebuilding data and control system software
Things that make a real difference (and that underwriters ask about)
- Backups kept offline or on a separate network, and tested restores
- A written plan for restoring control systems after a ransomware attack
- A way to keep running if the office network is shut off
- Multi-factor login for remote access, including vendors
Ready to look at your cyber coverage?
Start with 7 quick questions, or call the office at 205-221-5466.