Are claims related to system failures, such as outages or software errors, eligible for coverage under cyber insurance policies?
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Are claims related to system failures, such as outages or software errors, eligible for coverage under cyber insurance policies?
Yes, claims related to system failures, such as outages or software errors, can be eligible for coverage under certain cyber insurance policies. These policies typically cover a range of issues related to cyber incidents, including system failures that result in financial losses, data breaches, and other cyber-related events. It is important to carefully review the specific terms and conditions of a cyber insurance policy to understand the extent of coverage provided for various types of cyber incidents.