What is Business Interruption in a Cyber Insurance Policy?

So business interruption indemnifies your firm for loss of income caused by a cyberattack – that shuts down your network, software applications or hardware. And it will also pay for extra expenses, which are additional costs you might incur while your system is being repaired or replaced. Which include as an example, overtime pay for employees, travel expenses, may include cost to expedite supplies or services to meet customer demand.

We just find most organizations really aren’t spending enough time to understand how much they really need. So to determine this, we advise they work with someone like yourself, their IT security provider to calculate how long it would take to get your system back up and running and estimate the potential income loss and expenses associated with an attack.

We’d be happy to review your insurance coverage options with you! Give us a call at 516-419-5050 or visit https://jpins.com.