{"id":424,"date":"2024-07-23T00:00:00","date_gmt":"2024-07-22T23:00:00","guid":{"rendered":"https:\/\/fenchurchlaw.hostingsystems.co.uk\/sg\/blog\/2024\/07\/23\/crowdstrike-outage-insurance-recoveries\/"},"modified":"2024-08-21T16:32:02","modified_gmt":"2024-08-21T15:32:02","slug":"crowdstrike-outage-insurance-recoveries","status":"publish","type":"post","link":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/","title":{"rendered":"CrowdStrike Outage &#8211; Insurance Recoveries"},"content":{"rendered":"<p>Many businesses have suffered losses following a catastrophic IT failure when an update released on 19 July by US cybersecurity firm, CrowdStrike, caused crashes on Microsoft Windows systems globally.<\/p>\n<p>We are recommending that policyholders review the scope of coverage available under their cyber and property damage\/business interruption insurance.<\/p>\n<p>What to look out for:<\/p>\n<ul>\n<li>Is there cyber cover for system failure that responds to accidental (i.e. non-malicious) events such as this?<\/li>\n<li>Are there any relevant business interruption waiting periods to consider?<\/li>\n<li>What other losses are covered \u2013 such as the cost of data restoration, incident response and voluntary shutdown?<\/li>\n<li>Is there cover for supply chain failure?<\/li>\n<li>In the context of PD\/BI policies, the \u2018damage\u2019 trigger will need careful consideration.<\/li>\n<\/ul>\n<p>What steps do you need to take?:<\/p>\n<ul>\n<li>Ensure timely compliance with notification provisions and other claims conditions<\/li>\n<li>Have steps been taken to mitigate losses so far as possible?<\/li>\n<li>Make sure accurate records are kept of the sequence of events and the losses that have been incurred as a result of the outage.<\/li>\n<\/ul>\n<p>Please get in touch if we can be of any assistance, or if you have any queries.<\/p>\n<p><a href=\"https:\/\/www.fenchurchlaw.co.uk\/people\/joanna-grant\/\">Joanna Grant<\/a> is the Managing Partner of Fenchurch Law<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many businesses have suffered losses following a catastrophic IT failure when an update released on 19 July by US cybersecurity [&hellip;]<\/p>\n","protected":false},"author":77,"featured_media":425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[195],"class_list":["post-424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-financial-commercial-risks"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CrowdStrike Outage - Insurance Recoveries - Fenchurch Law APAC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CrowdStrike Outage - Insurance Recoveries - Fenchurch Law APAC\" \/>\n<meta property=\"og:description\" content=\"Many businesses have suffered losses following a catastrophic IT failure when an update released on 19 July by US cybersecurity [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/\" \/>\n<meta property=\"og:site_name\" content=\"Fenchurch Law APAC\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-22T23:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-21T15:32:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fenchurchlaw.com\/en-sg\/wp-content\/uploads\/sites\/7\/2024\/08\/shutterstock_2200880615-scaled-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Joanna Grant\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joanna Grant\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/\"},\"author\":{\"name\":\"Joanna Grant\",\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/#\\\/schema\\\/person\\\/70aa6e1c5db4c846d630cf84f70073fd\"},\"headline\":\"CrowdStrike Outage &#8211; Insurance Recoveries\",\"datePublished\":\"2024-07-22T23:00:00+00:00\",\"dateModified\":\"2024-08-21T15:32:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/\"},\"wordCount\":202,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/wp-content\\\/uploads\\\/sites\\\/7\\\/2024\\\/08\\\/shutterstock_2200880615-scaled-1.jpg\",\"keywords\":[\"Financial &amp; Commercial Risks\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/\",\"url\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/\",\"name\":\"CrowdStrike Outage - Insurance Recoveries - Fenchurch Law APAC\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/wp-content\\\/uploads\\\/sites\\\/7\\\/2024\\\/08\\\/shutterstock_2200880615-scaled-1.jpg\",\"datePublished\":\"2024-07-22T23:00:00+00:00\",\"dateModified\":\"2024-08-21T15:32:02+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/#\\\/schema\\\/person\\\/70aa6e1c5db4c846d630cf84f70073fd\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/#primaryimage\",\"url\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/wp-content\\\/uploads\\\/sites\\\/7\\\/2024\\\/08\\\/shutterstock_2200880615-scaled-1.jpg\",\"contentUrl\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/wp-content\\\/uploads\\\/sites\\\/7\\\/2024\\\/08\\\/shutterstock_2200880615-scaled-1.jpg\",\"width\":2560,\"height\":1440},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/crowdstrike-outage-insurance-recoveries\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CrowdStrike Outage &#8211; Insurance Recoveries\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/#website\",\"url\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/\",\"name\":\"Fenchurch Law APAC\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/#\\\/schema\\\/person\\\/70aa6e1c5db4c846d630cf84f70073fd\",\"name\":\"Joanna Grant\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2d8a0c91f6a8405729a9b7223ea6b8b9f44d90869cf8b8efec8108907ca52f6f?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2d8a0c91f6a8405729a9b7223ea6b8b9f44d90869cf8b8efec8108907ca52f6f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2d8a0c91f6a8405729a9b7223ea6b8b9f44d90869cf8b8efec8108907ca52f6f?s=96&d=mm&r=g\",\"caption\":\"Joanna Grant\"},\"url\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-sg\\\/author\\\/joannagrant\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CrowdStrike Outage - Insurance Recoveries - Fenchurch Law APAC","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/","og_locale":"en_GB","og_type":"article","og_title":"CrowdStrike Outage - Insurance Recoveries - Fenchurch Law APAC","og_description":"Many businesses have suffered losses following a catastrophic IT failure when an update released on 19 July by US cybersecurity [&hellip;]","og_url":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/","og_site_name":"Fenchurch Law APAC","article_published_time":"2024-07-22T23:00:00+00:00","article_modified_time":"2024-08-21T15:32:02+00:00","og_image":[{"width":2560,"height":1440,"url":"https:\/\/fenchurchlaw.com\/en-sg\/wp-content\/uploads\/sites\/7\/2024\/08\/shutterstock_2200880615-scaled-1.jpg","type":"image\/jpeg"}],"author":"Joanna Grant","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Joanna Grant","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/#article","isPartOf":{"@id":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/"},"author":{"name":"Joanna Grant","@id":"https:\/\/fenchurchlaw.com\/en-sg\/#\/schema\/person\/70aa6e1c5db4c846d630cf84f70073fd"},"headline":"CrowdStrike Outage &#8211; Insurance Recoveries","datePublished":"2024-07-22T23:00:00+00:00","dateModified":"2024-08-21T15:32:02+00:00","mainEntityOfPage":{"@id":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/"},"wordCount":202,"commentCount":0,"image":{"@id":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/#primaryimage"},"thumbnailUrl":"https:\/\/fenchurchlaw.com\/en-sg\/wp-content\/uploads\/sites\/7\/2024\/08\/shutterstock_2200880615-scaled-1.jpg","keywords":["Financial &amp; Commercial Risks"],"articleSection":["News"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/","url":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/","name":"CrowdStrike Outage - Insurance Recoveries - Fenchurch Law APAC","isPartOf":{"@id":"https:\/\/fenchurchlaw.com\/en-sg\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/#primaryimage"},"image":{"@id":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/#primaryimage"},"thumbnailUrl":"https:\/\/fenchurchlaw.com\/en-sg\/wp-content\/uploads\/sites\/7\/2024\/08\/shutterstock_2200880615-scaled-1.jpg","datePublished":"2024-07-22T23:00:00+00:00","dateModified":"2024-08-21T15:32:02+00:00","author":{"@id":"https:\/\/fenchurchlaw.com\/en-sg\/#\/schema\/person\/70aa6e1c5db4c846d630cf84f70073fd"},"breadcrumb":{"@id":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/#primaryimage","url":"https:\/\/fenchurchlaw.com\/en-sg\/wp-content\/uploads\/sites\/7\/2024\/08\/shutterstock_2200880615-scaled-1.jpg","contentUrl":"https:\/\/fenchurchlaw.com\/en-sg\/wp-content\/uploads\/sites\/7\/2024\/08\/shutterstock_2200880615-scaled-1.jpg","width":2560,"height":1440},{"@type":"BreadcrumbList","@id":"https:\/\/fenchurchlaw.com\/en-sg\/crowdstrike-outage-insurance-recoveries\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fenchurchlaw.com\/en-sg\/"},{"@type":"ListItem","position":2,"name":"CrowdStrike Outage &#8211; Insurance Recoveries"}]},{"@type":"WebSite","@id":"https:\/\/fenchurchlaw.com\/en-sg\/#website","url":"https:\/\/fenchurchlaw.com\/en-sg\/","name":"Fenchurch Law APAC","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fenchurchlaw.com\/en-sg\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/fenchurchlaw.com\/en-sg\/#\/schema\/person\/70aa6e1c5db4c846d630cf84f70073fd","name":"Joanna Grant","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/2d8a0c91f6a8405729a9b7223ea6b8b9f44d90869cf8b8efec8108907ca52f6f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/2d8a0c91f6a8405729a9b7223ea6b8b9f44d90869cf8b8efec8108907ca52f6f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2d8a0c91f6a8405729a9b7223ea6b8b9f44d90869cf8b8efec8108907ca52f6f?s=96&d=mm&r=g","caption":"Joanna Grant"},"url":"https:\/\/fenchurchlaw.com\/en-sg\/author\/joannagrant\/"}]}},"_links":{"self":[{"href":"https:\/\/fenchurchlaw.com\/en-sg\/wp-json\/wp\/v2\/posts\/424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fenchurchlaw.com\/en-sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fenchurchlaw.com\/en-sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fenchurchlaw.com\/en-sg\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/fenchurchlaw.com\/en-sg\/wp-json\/wp\/v2\/comments?post=424"}],"version-history":[{"count":1,"href":"https:\/\/fenchurchlaw.com\/en-sg\/wp-json\/wp\/v2\/posts\/424\/revisions"}],"predecessor-version":[{"id":1005,"href":"https:\/\/fenchurchlaw.com\/en-sg\/wp-json\/wp\/v2\/posts\/424\/revisions\/1005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fenchurchlaw.com\/en-sg\/wp-json\/wp\/v2\/media\/425"}],"wp:attachment":[{"href":"https:\/\/fenchurchlaw.com\/en-sg\/wp-json\/wp\/v2\/media?parent=424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fenchurchlaw.com\/en-sg\/wp-json\/wp\/v2\/categories?post=424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fenchurchlaw.com\/en-sg\/wp-json\/wp\/v2\/tags?post=424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}