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Evaluating Cyber Risk for U.S. Critical Infrastructure Assets

Energy companies, telecommunications and water suppliers must seek an improved method of addressing exposures while reducing and transferring risk appropriately.

By Natalie Lehr | Updated on June 03, 2014
Operational risks from outsourced services and supply chains expose critical infrastructure enterprises, such as utilities and water suppliers.

For U.S. critical infrastructure businesses, such as utilities, telecommunications and water suppliers, the threat of cyberattack is a growing and persistent concern. According to the Ponemon Institute, cyberespionage attacks have risen 38% since 2010. For cyberinsurance providers seeking to accurately assess risk for U.S. critical assets, it is becoming increasingly clear that a comprehensive, holistic approach is required.  

Impact of market forces on riskCritical infrastructure companies fulfill an important role in facilitating business. Unlike the private industry, these firms are both physically and virtually exposed by the very nature of the services they provide. As market forces evolve, so too does the risk of exposure for these companies.

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