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International

Businesses push for compensation for tech outage-related losses

July 24, 2019 Reprints

Australian businesses including accountants are calling for compensation to cover losses related to frequent digital system outages, The Sydney Morning Herald reported. Damien Manuel, an official at Australia-based Deakin University, said that insurance usually covers costs related to a direct cyber attack though emerging cyber risk policies cover situations where a third party outage disrupts business operations.

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Businesses push for compensation for tech outage-related losses

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