The ransomware attack that shut down one of the largest fuel pipelines in the U.S. and set off gas shortages and panic-buying is indicative of growing cyber risks.

 

“It is really important for these companies to not lose sight of risk management in pursuit of compliance. A lot of these contracts were written before the emergence of the cyber exposures that we see today. This is a good opportunity for business owners to reevaluate their coverage based on their actual exposure, rather than just compliance.” –Alex Krcmarik, Senior Broker, Environmental, Burns & Wilcox, Denver, Colorado

 

Featured solutions: Cyber and Privacy Liability Insurance; Energy 

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As wildfires continue to affect communities throughout Los Angeles County, we want to express our heartfelt support for the residents, first responders, and all those working tirelessly to combat these devastating fires.

We understand the challenges posed by this crisis. If you need assistance or have questions about your client's coverage during this time, the team at Burns & Wilcox is here to help.