3.3 Risk management as per IEC 62305-2

Risk management with foresight includes calculating the risks for a company. It provides the basis for decisions to limit these risks and shows which risks should reasonably be covered by insurance. When it comes to insurance management, however, it is important to bear in mind that insurance is not always suitable for achieving certain goals, such as maintaining delivery capability. The probabilities that certain risks will occur cannot be changed by insurance.

Manufacturing companies using extensive electronic installations or companies providing services (and nowadays this applies to most companies) must also give special consideration to the risk presented by lightning strikes. It should be noted that losses incurred due to the lack of availability of electronic systems and, as a result, production or services, coupled with the potential loss of data often far exceed the physical damage to the hardware of the relevant system.