Case Study: North American Independent Power Producer achieves board-level cyber risk visibility with DeNexus DeRISK

North American Independent Power Producer avoids $1.4M in annual losses with DeNexus

A North American independent power producer operating a large, distributed portfolio of renewable energy facilities faced the challenge of quantifying its cyber risk. Despite existing security measures, the board lacked clear metrics to guide investment or negotiate cyber insurance, treating cybersecurity as an invisible and unquantifiable threat. The company turned to DeNexus and its DeRISK platform to bridge this gap.

DeNexus implemented its DeRISK cyber-risk quantification platform, which modeled financial losses from potential attacks instead of just monitoring threats. The solution provided clear, defensible risk metrics, revealing that 80% of the risk was concentrated in its solar facilities. This data allowed the IPP to prioritize investments and simulate mitigation projects. As a result, DeNexus helped the company avoid $1.4 million in annual expected losses, achieve a $6.4 million reduction in required cyber-insurance limits, and align its IT and OT teams with a shared, data-driven strategy.