Voluntary Shutdown: A New Normal for Cyber Business Interruption
A crippling and disabling global cyber event causing widespread disruptions became a reality earlier this year with the WannaCry and NotPetya cyber-attacks. As companies responded to the malware, several organisations determined that the most reasonable course of action to mitigate potential harm was to shut down their systems. Although this action stopped the spread of the malware, it also opened the door to an insurance coverage quandary: Are the extra expense and lost income resulting from a voluntary shutdown covered by standard cyber insurance policies?
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