Cyber Liability Insurance for NAICS 212230
CYBRanked reasons a business in NAICS 212230, Copper, Nickel, Lead, and Zinc Mining, 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
The concentrator runs as one continuously controlled process.
- Crushing, grinding, flotation, and dewatering run under central control.
- Recovery depends on setpoints holding without interruption.
- An unplanned stop loses material in process and takes days to restart.
- ASK
- Is your concentrator run by a central control system?
- 02
Tailings dams are monitored continuously for a reason.
- Dam instrumentation, water levels, and ground movement are monitored automatically.
- Tailings failures have killed hundreds of people.
- Losing the monitoring means losing the early warning.
- ASK
- Is your tailings facility instrumentation monitored automatically with alarms?
- 03
Concentrate is sold on assay and paid in very large transfers.
- Cargoes are assayed for metal content and impurities and settled on those results.
- Payments move by electronic transfer at cargo value.
- A faked banking change diverts an entire cargo payment.
- ASK
- How are banking details verified before a concentrate payment?
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