236210

Industrial Building Construction

Cyber Liability Insurance for NAICS 236210

CYB

Ranked reasons a business in NAICS 236210, Industrial Building Construction, 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.

  1. 01

    Owner facility drawings and process data pass through you.

    • Plant layouts, process equipment, and utility drawings are shared to build the facility.
    • That information describes how the owner's plant works.
    • Disclosure hands competitors the owner's process design.
    ASK
    What owner facility and process drawings are held on your systems?
  2. 02

    Progress payments move very large sums by transfer.

    • Monthly pay applications settle hundreds of thousands to subcontractors and suppliers.
    • Banking instructions arrive and change by email.
    • One diverted payment must be funded twice to keep the job running.
    ASK
    How are changes to subcontractor banking details verified before payment?
  3. 03

    The completion date is tied to the owner's production start.

    • Facilities are built to a date when the owner intends to begin production.
    • Equipment deliveries and commissioning are sequenced to that date.
    • Delay costs the owner production, and the contract passes that on.
    ASK
    What are the delay damages on your current projects?

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