meaning of BUSINESS RECOVERY RISK

BUSINESS RECOVERY RISK meaning in Law Dictionary

The RISK of loss as a result of a short-term disturbance in business activities as a result of insufficient option of physical infrastructure. Business recovery threat is normally fast, business or productspecific and generally not as damaging as CATASTROPHE RECOVERY RISK. Business data recovery losses is shielded through particular BUSINESS DISRUPTION INSURANCE. A subcategory of PROCESS DANGER.