331314

Secondary Smelting and Alloying of Aluminum

Cyber Liability Insurance for NAICS 331314

CYB

Ranked reasons a business in NAICS 331314, Secondary Smelting and Alloying of Aluminum, 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

    Charging wet or sealed scrap causes explosions.

    • Scrap must be inspected and dried before charging into molten metal.
    • Moisture and sealed containers cause violent explosions in the furnace.
    • Molten metal explosions have killed workers in this industry.
    ASK
    How is incoming scrap inspected and controlled before charging?
  2. 02

    Alloy chemistry must be exact or the metal is scrap.

    • Furnace chemistry is analysed and adjusted before casting.
    • Customers specify exact alloy composition for their processes.
    • Off chemistry metal cannot be sold as the alloy ordered.
    ASK
    How is your furnace chemistry analysed and recorded before casting?
  3. 03

    Scrap purchasing moves large sums continuously.

    • Scrap is bought daily from many suppliers and paid by transfer.
    • A faked banking change diverts an entire settlement.
    • Scrap prices move daily and purchases are large.
    ASK
    How are changes to supplier banking details verified before payment?

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