Exam 350-201 topic 1 question 86 discussion

A is correct answer. https://connectedrisksolutions.com/things-cyber-insurance-does-not-cover/#:~:text=Cyber%20insurance%20generally%20does%20not,part%20of%20the%20cyber%20attack.

C. It does not cover the costs of damage done by third parties as a result of a cyber attack. Cybersecurity risk insurance is designed to help organizations manage risks associated with cyber incidents. However, it typically has limitations in terms of coverage, exclusions, and conditions. One common limitation is that it may not cover damages caused by third-party vendors or suppliers, as these parties are responsible for their own cybersecurity and can have their own insurance policies. Additionally, different policies may have different exclusions and conditions, so it is important for organizations to carefully review the terms and conditions of their cybersecurity risk insurance policy to understand what is covered and what is not. - ChatGPT

C. It does not cover the costs of damage done by third parties as a result of a cyber attack Cyber security risk insurance is designed to help organizations cover the costs associated with a cyber attack, such as the cost of restoring systems and data, hiring forensic experts to analyze the attack, and hiring a public relations company to help deal with the aftermath of the attack. However, one of the limitations of cyber security risk insurance is that it typically does not cover the costs of damage done by third parties as a result of a cyber attack. This can include losses suffered by customers, partners or other organizations that are indirectly impacted by the attack.