SPEAKERS

Vernica Walia

Vice President, Liability & Special Risks

Howden India

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Priya Sanjay

Managing Director

Mercom India

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How to Protect Renewable Energy Projects from Commercial Cyber Threats with Insurance

Tuesday, April 17, 2024, 03:00 PM IST

Cyber risk is a severe challenge to the renewable energy sector, which relies on digital technologies and interconnected systems to generate, transmit, and distribute clean power. Renewable energy sources, such as solar and wind, are often distributed across large geographic areas and remote locations, making them vulnerable to cyberattacks that can disrupt operations, damage equipment, or compromise data.

Developers need to take effective and practical steps to minimize the risks associated with cyberattacks. One way of commercially protecting the projects would be to go for cyber insurance. However, the market for cyber insurance can be complex. It is crucial to understand the scope of coverage to avoid any expensive surprises.

The domain experts in the webinar will discuss the cyber risks faced by developers globally, the options for insurance, and the scope of coverage. Developers will discuss the challenges and their requirements for insuring against cyber risks in renewable projects.