The Cyber Insurance Academy defines Operational Technology (OT) as
“the management of machines used in heavy industries like production line management, mining operations, oil & gas monitoring, and other similar activities, as well as manufacturing process control systems and building systems.”
The cyber insurance industry is taking a proactive approach to operational technology (OT) by developing new policies and adapting existing ones in response to this sector’s unique challenges. As cyber threats continue to evolve and become more complex, cyber insurers are working with OT providers to understand their risks better and create tailored solutions to meet their needs. By taking these steps, the industry is becoming better equipped to address incidents where OT systems are affected and ensure their clients remain protected.
I recently did some extensive research and wrote an article for The Cyber Insurance Academy explaining how this coverage varies from carrier to carrier and the challenges they face.
You can read the article in its entirety at How Is The Cyber Insurance Industry Dealing With Operational Technology?