Cyber Insurance for Agriculture

Like any business, farms and agricultural operations are vulnerable to cyber-attacks. According to the Food and Agriculture – Information Sharing and Analysis Center (Food and Ag-ISAC), in 2023, there were 167 ransomware attacks on the food and agriculture sector globally, accounting for 5.5% of the total volume of ransomware attacks. The food and agriculture sector is the 7th most attacked sector of the 11 sectors that are monitored (Food and Ag-ISAC, 2024). As farmers and ranchers have adopted more precision agriculture technologies over time and will continue to do so, they must consider how to protect this valuable data that is essential for their operations.