Energy companies are one phishing, ransomware, or industrial control system (ICS) incident away from exposure
Top 10
The energy industry is one of the top 10 industries targeted for cyber attacks
55%
Percentage of attacks involving advanced persistent threats (APTs) reported to ICS-CERT by energy companies
$5.6 million
Average total cost of a data breach across the energy sector
Cyber insurance specifically designed to protect energy companies
Property damage, bodily harm, and pollution costs resulting from a security failure
Coverage for industrial control systems, SCADA, and other operational technology
Costs to replace computer systems including energy management and production systems
Business interruption losses from cyber attacks against you or your suppliers
Third-party liability coverage in the event that a technology failure results in loss
Costs to respond to a ransomware extortion incident
Insurance products offered by Coalition may be written on behalf of third-party carriers including Allianz Group* (A.M. Best A+ rating), Arch Specialty Insurance Company (A.M. Best A+ rating), Ascot Group** (A.M Best A rating), Fortegra Group (A.M. Best A- rating), Lloyd’s of London (A.M. Best A+ rating), Swiss Re Corporate Solutions*** legal entities (A.M. Best A+ rating), Vantage Risk Specialty Insurance Company (A.M. Best A- rating), and Chaucer Insurance Company DAC (A.M. Best A rating).
