Domain 2 Risk Treatment:Risk Response Options - Insurance

Flashcards covering key concepts from the lecture on business continuity management and related insurance types.

Business Continuity Management

A process focused on ensuring that an organization can continue operations during and after a disaster.

Disaster Recovery Plans

Plans that outline how a business will recover from a disaster that disrupts operations.

Insurance

Financial protection against potential future losses from disasters or unforeseen events.

Fidelity Insurance

Insurance that protects against losses resulting from employee theft or dishonest activities.

Cyber Attack Insurance

Insurance that provides coverage for losses resulting from cyber attacks on an organization.

Third Party Claims and Liability Insurance

Insurance that covers claims made by third parties for damages or losses related to services provided.

Errors and Omissions Insurance

Insurance that protects against negligence or mistakes made while providing professional services.

Transit Insurance

Insurance that covers assets while they are in transit to off-site locations.