Tuesday, 14 October 2014
Companies Deal with Emergencies Using Business Interruption Insurance
Just like how companies use business interruption insurance to deal with emergencies like fire and property damage, businesses can also use this type of insurance to handle losses brought by disrupted operations due to hacking and other cyber threats. Many business owners are now seeking quality cybercrime and cyber liability insurance policies to complement their existing business interruption policies. These provide not only protection for third party losses but can be designed to protect the costs of your own ransom, extortion and business expenses in mitigating the loss.