Cyber Liability Insurance for NAICS 111130
CYBRanked reasons a business in NAICS 111130, Dry Pea and Bean Farming, needs Cyber Liability coverage. Each reason is specific to how this industry actually loses money, and ends with the question to ask before the objection comes up.
- 01
Buyers pay by wire, and payment instructions are forged.
- Processors and exporters settle deliveries by electronic transfer.
- A faked banking change diverts a full load payment.
- Pulse crops are sold in a handful of large lots.
- ASK
- Do you receive payment or banking instructions from buyers by email?
- 02
Export buyers require documentation before the crop can ship.
- Phytosanitary certificates and grade records travel with every export lot.
- Field, treatment, and storage records support those certificates.
- A container without paperwork is rejected at the destination port.
- ASK
- Do you sell any production into export markets?
- 03
Stored pulses need monitored conditions or they spoil.
- Moisture and temperature in bins are watched by automated monitoring.
- Insect and mould damage downgrades a lot to feed value.
- Damage found at delivery has already destroyed the premium.
- ASK
- Is your stored crop monitored by automated temperature or moisture systems?
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