DUNCAN, Okla. – The National Rural Water Association has announced a new series of affinity programs to support small water and wastewater utilities across the country. These programs will be available through State Rural Water Associations as a benefit for their members.
“These affinity programs are part of NRWA’s primary mission to support our state associations,” said NRWA CEO Sam Wade. “These new programs will allow state association’s to provide new services and value to their members.”
One of the new affinity programs is Data Breach Insurance.
Data Breach Insurance provides protections in the case of a hacking or data breach event. Utilities are storing greater amounts of customer data and payment information. This data is subject to breach by hackers or disgruntled employees. Studies show that the average cost of a data breach is $201 per record.
“A data breach can be crippling for a utility, and very few have any protection against a breach,” Wade said.
The new coverage is designed specifically for water and wastewater utilities and is offered exclusively through NWRA and its state affiliates.