Business risk
Waiting period
Waiting period of cyber policies: hours of unavailability borne by the insured before compensating the interruption.
In practice
It is negotiated in tranches of eight, twelve, or twenty-four hours. In a company with continuous production, twelve hours equate to more money than the limit of many ancillary guarantees.
Where it is addressed
This term is covered in Ciberriesgo y datos and applies when taking out Ciber-riesgo.
