Every company faces a variety of pure risks that can have serious financial consequences if a loss

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Every company faces a variety of pure risks that can have serious financial consequences if a loss occurs. For each of the following threats, identify the category of risk. Explain your answer.

a. Breaking into company’s IT system and databases.

b. Plants destroyed by a hurricane.

c. Shutting down the firm for some time after a physical damage loss.

d. Cables connecting the company’s sole computer damaged by rats.

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Principles Of Risk Management And Insurance

ISBN: 1292349743

14th Global Edition

Authors: George E. Rejda, Michael McNamara

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Question Posted: Apr 05, 2023 10:03 AM

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Every company faces a variety of pure risks that can have serious financial consequences if a loss

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a Breaking into companys IT system and databases is an example of cyber risk Cyber risk refers to ...View the full answer

Principles Of Risk Management And Insurance

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