National Rural Water Affinity Programs
Smart Websites for Smart Water Systems
Smart Websites for Smart Communities
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Bailey Special Risks
Could Your Utility Weather a Data Breach?
As hacking, malware and ransomware attacks continue to rise, it is imperative that all utilities prepare to deal with a data breach. Requiring credit information, accepting credit/debit card transactions and holding personally identifiable information to include Social Security and Driver’s License numbers make utilities a prime target for cyber intrusions.
Are you prepared to deal with a cyber breach? Do you know the legal requirements for notifying affected parties and how to effectively work with regulators? Do you have the money to pay these costs without insurance?
Here are some of the costs you can expect when managing a data breach:
1. Privacy Attorney - $300 per hour and up
2. Forensics Investigator - $300 and up per hour
3. Notification, call center, credit monitoring - $30 per affected individual
4. Fines and Penalties - $1,000 and up
5. Defense Counsel - $$$$?
NRWA has partnered with BSR, Inc. to offer a comprehensive affordable data breach insurance policy provided by Beazley Insurance Company for association members. Along with the policy you will have access to Beazley’s award winning Breach Response Services to help you navigate the post breach terrain. Their legal, computer forensic, and public relations services are activated with one call or email to the BBR Services.
Please complete the attached application and return to email@example.com or fax it to 615-264-3980 to obtain pricing for your system.
If you are interested in more information about this exclusive NRWA policy, please see links below.
NRWA Data Breach Trends
NRWA Could You Weather a Data Breach?
NRWA Water Claim Examples
The MRWA / NRWA ServLine® Program protects your utility against losses from residential customers’ water leaks, and provides the opportunity for them to add service line repair and replacement protection.
Click here to watch a video about this service https://vimeo.com/162899802/eb35d734d4
For quick pricing, print the pdf file below and send it in.