Cyber Liability Insurance for NAICS 521110
CYBRanked reasons a business in NAICS 521110, Monetary Authorities-Central Bank, 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
You operate the payment systems the economy runs on.
- Settlement and payment systems clear enormous daily value between institutions.
- Every bank in the country depends on those systems.
- A disruption stops payments nationally, not at one institution.
- ASK
- What daily value settles through the systems you operate?
- 02
Policy and market information moves markets.
- Decisions and data are held before scheduled public release.
- Early access is worth enormous sums to anyone who has it.
- A leak damages market integrity and public confidence.
- ASK
- What pre-release policy and economic data do you hold?
- 03
You are a permanent target for state-linked actors.
- Central banks are targeted by state-sponsored intrusion campaigns.
- Attacks on central banks have moved money and disrupted settlement.
- The consequence is national, not institutional.
- ASK
- What controls protect your payment and settlement infrastructure?
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