The BCP team should work with management to understand what the current coverage is, the various insurance options, and the limits of each option. The goal here is to make sure the insurance coverage fills in the gap of what the current preventive countermeasures cannot protect against.
Cyber insurance is a new type of coverage that insures losses caused by denial-of-service attacks, malware damages,hackers, electronic theft, privacy-related lawsuits, and more.
A company could also choose to purchase a business interruption insurance policy.
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