237120

Oil and Gas Pipeline and Related Structures Construction

Cyber Liability Insurance for NAICS 237120

CYB

Ranked reasons a business in NAICS 237120, Oil and Gas Pipeline and Related Structures 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

    Weld and inspection records certify the pipeline is sound.

    • Every weld is recorded, tested, and tied to a welder and a location.
    • Federal pipeline rules require those records to be retained.
    • Welds that cannot be documented must be re-examined or cut out.
    ASK
    How are your weld and non-destructive test records recorded and retained?
  2. 02

    Pipeline route and design data is security sensitive.

    • Alignment sheets, valve locations, and design data describe the operator's system.
    • That information is restricted for security reasons.
    • Disclosure is a security matter for the operator, not just a contract breach.
    ASK
    What operator route and design data is held on your systems?
  3. 03

    Progress payments and change orders move very large sums.

    • Pipeline contracts settle in large periodic payments to you and your subcontractors.
    • Banking instructions arrive and are changed by email.
    • One diverted payment must be funded twice.
    ASK
    How are changes to subcontractor banking details verified before payment?

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