6.10 Terrorist attacks Flashcards
1
Q
How are firms taking more care to implement disaster recovery plans for computer systems?
A
- Backing up data
- Keeping it in a secure, separate location
2
Q
What is it known as when systems are targeted?
A
Cyber-terrorism
3
Q
How can firms protect themselves against cyber-terrorism?
A
- Virus protection
- Firewalls
- Specialists employed
4
Q
What is an indirect cost of terror attacks?
A
It may adversely affect people’s confidence in the banking system
5
Q
Do insurance products cover terrorist attacks?
A
Many do not and most insurance policies carry exclusions for loss caused by terrorism
6
Q
Why is terrorism excluded from insurance cover?
A
- Probabilities are difficult to estimate
- Potential liability is very large
7
Q
How is terrorist activity usually financed?
A
By proceeds of crime
