{"component": "clause", "props": {"groups": [{"samples": [{"hash": "7n9lAKymXTq", "uri": "/contracts/7n9lAKymXTq#cyber-extortion", "label": "Joint Powers Subscriber Agreement", "score": 29.7833518982, "published": true}], "snippet_links": [{"key": "digital-currency", "type": "definition", "offset": [50, 66]}, {"key": "other-consideration", "type": "definition", "offset": [80, 99]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [123, 141]}, {"key": "consent-not-to-be-unreasonably-withheld", "type": "clause", "offset": [179, 218]}, {"key": "in-order-to", "type": "clause", "offset": [220, 231]}, {"key": "respond-to", "type": "definition", "offset": [250, 260]}, {"key": "extortion-threat", "type": "definition", "offset": [269, 285]}, {"key": "costs-charged", "type": "clause", "offset": [319, 332]}, {"key": "breach-response", "type": "clause", "offset": [340, 355]}, {"key": "qualified-third-parties", "type": "definition", "offset": [374, 397]}, {"key": "prior-consent", "type": "definition", "offset": [407, 420]}, {"key": "to-advise", "type": "definition", "offset": [450, 459]}], "snippet": "Expenses means\n1. Reasonable and necessary money, digital currency, property or other consideration surrendered as payment by or on behalf of you to which we have consented, such consent not to be unreasonably withheld, in order to prevent, limit or respond to a cyber-extortion threat, and\n2. Reasonable and necessary costs charged by:\na. breach response providers ; or\nb. qualified third parties with our prior consent, to conduct an investigation to advise you how to respond to and resolve a cyber-extortion threat.", "size": 1, "hash": "1d0eb555f7792c6de8d8548d821367e9", "id": 6}, {"samples": [{"hash": "cDRyIpXgeej", "uri": "/contracts/cDRyIpXgeej#cyber-extortion", "label": "Contract for Services", "score": 33.5801467896, "published": true}, {"hash": "eLTmi3bAmZh", "uri": "/contracts/eLTmi3bAmZh#cyber-extortion", "label": "Insurance Policy", "score": 28.3908920288, "published": true}, {"hash": "1k5VRGkASlO", "uri": "/contracts/1k5VRGkASlO#cyber-extortion", "label": "Insurance Policy", "score": 28.3908920288, "published": true}], "snippet_links": [{"key": "to-indemnify", "type": "clause", "offset": [0, 12]}, {"key": "the-named-insured", "type": "definition", "offset": [13, 30]}, {"key": "cyber-extortion-loss", "type": "definition", "offset": [35, 55]}, {"key": "the-retention", "type": "clause", "offset": [70, 83]}, {"key": "insured-organization", "type": "definition", "offset": [101, 121]}, {"key": "direct-result", "type": "definition", "offset": [127, 140]}, {"key": "extortion-threat", "type": "definition", "offset": [147, 163]}, {"key": "policy-period", "type": "clause", "offset": [219, 232]}], "snippet": "To indemnify the Named Insured for Cyber Extortion Loss, in excess of the Retention, incurred by the Insured Organization as a direct result of an Extortion Threat first made against the Insured Organization during the Policy Period.", "size": 3, "hash": "401085b6758fcc2413159205ddda97d7", "id": 1}, {"samples": [{"hash": "3ybkFJP538e", "uri": "/contracts/3ybkFJP538e#cyber-extortion", "label": "Cyber and Technology Liability Policy", "score": 22.1750545502, "published": true}, {"hash": "9eLnHuI7dgX", "uri": "/contracts/9eLnHuI7dgX#cyber-extortion", "label": "Cyber and Technology Liability Policy", "score": 21.9546356201, "published": true}, {"hash": "fAWrC2gz7Bw", "uri": "/contracts/fAWrC2gz7Bw#cyber-extortion", "label": "Cyber and Technology Liability Policy", "score": 20.7549629211, "published": true}], "snippet_links": [{"key": "the-insurer", "type": "definition", "offset": [0, 11]}, {"key": "insured-company", "type": "clause", "offset": [31, 46]}, {"key": "resulting-from", "type": "definition", "offset": [117, 131]}, {"key": "extortion-threat", "type": "definition", "offset": [159, 175]}], "snippet": "The Insurer will reimburse the Insured Company for cyber-extortion expenses that the Insured Company incurs directly resulting from and in response to a cyber-extortion threat.", "size": 3, "hash": "5533b05fc31bccfb2b5665019de1fddb", "id": 2}, {"samples": [{"hash": "8bLMu5aXDGc", "uri": "/contracts/8bLMu5aXDGc#cyber-extortion", "label": "General Liability Program Memorandum of Coverage", "score": 35.5545911091, "published": true}, {"hash": "hHohh3ZhBZO", "uri": "/contracts/hHohh3ZhBZO#cyber-extortion", "label": "General Liability Program Memorandum of Coverage", "score": 34.1941187034, "published": true}], "snippet_links": [{"key": "notification-costs", "type": "definition", "offset": [73, 91]}, {"key": "credit-monitoring", "type": "definition", "offset": [93, 110]}, {"key": "forensic-expenses", "type": "definition", "offset": [132, 149]}, {"key": "other-loss", "type": "clause", "offset": [183, 193]}, {"key": "expense-incurred", "type": "definition", "offset": [205, 221]}, {"key": "arising-out-of", "type": "definition", "offset": [222, 236]}, {"key": "access-to", "type": "definition", "offset": [241, 250]}, {"key": "disclosure-of", "type": "clause", "offset": [254, 267]}, {"key": "any-person", "type": "definition", "offset": [268, 278]}, {"key": "personal-information-and-data", "type": "clause", "offset": [342, 371]}, {"key": "injury-or-property-damage", "type": "clause", "offset": [441, 466]}, {"key": "it-is-further-agreed-that", "type": "clause", "offset": [468, 493]}, {"key": "limit-of-liability", "type": "definition", "offset": [539, 557]}, {"key": "the-memorandum", "type": "clause", "offset": [587, 601]}, {"key": "effective-date-of-the", "type": "clause", "offset": [626, 647]}, {"key": "other-terms-and-conditions-remain-unchanged", "type": "clause", "offset": [709, 752]}, {"key": "authorized-representative", "type": "clause", "offset": [754, 779]}, {"key": "public-risk", "type": "clause", "offset": [780, 791]}, {"key": "ultimate-net-loss", "type": "clause", "offset": [842, 859]}, {"key": "organic-pathogen", "type": "definition", "offset": [1024, 1040]}, {"key": "regulatory-requirement", "type": "definition", "offset": [1098, 1120]}, {"key": "cleaning-up", "type": "clause", "offset": [1169, 1180]}, {"key": "responding-to", "type": "clause", "offset": [1257, 1270]}], "snippet": "This exclusion applies even if loss, damages or expenses are claimed for notification costs, credit monitoring and repair expenses, forensic expenses, public relation expenses or any other loss, damage or expense incurred arising out of any access to or disclosure of any person\u2019s or organization\u2019s confidential, intellectual, proprietary or personal information and data. However, this exclusion shall not apply to any liability for bodily injury or property damage. It is further agreed that nothing herein shall act to increase PRISM\u2019s limit of liability. This endorsement is part of the Memorandum and takes effect on the effective date of the Memorandum unless another effective date is shown below. All other terms and conditions remain unchanged. Authorized Representative Public Risk Innovation, Solutions, and Management As respects ultimate net loss, this Memorandum does not apply to Liability arising out of:\na. any actual, alleged or threatened infectious, pathogenic, toxic or other harmful properties of any \"organic pathogen.\"\nb. claim, suit, request, demand, order or statutory or regulatory requirement for damages because of testing for, monitoring, cleaning up, removing, containing, treating, detoxifying or neutralizing, or in any way responding to, or assessing the effects of any \"organic pathogen.\"", "size": 2, "hash": "a7ce91931505747940b3a3c2ae2a28b3", "id": 3}, {"samples": [{"hash": "7GLTtCW7TQo", "uri": "/contracts/7GLTtCW7TQo#cyber-extortion", "label": "Cyberrisk Coverage", "score": 27.4475154877, "published": true}], "snippet_links": [{"key": "the-insurer", "type": "definition", "offset": [0, 11]}, {"key": "on-behalf-of", "type": "definition", "offset": [35, 47]}, {"key": "the-insured", "type": "definition", "offset": [49, 60]}, {"key": "resulting-from", "type": "definition", "offset": [88, 102]}, {"key": "cyber-extortion-threat", "type": "definition", "offset": [105, 127]}, {"key": "policy-period", "type": "clause", "offset": [158, 171]}], "snippet": "The Insurer will reimburse, or pay on behalf of, the Insured for Cyber Extortion Costs, resulting from a Cyber Extortion Threat that is Discovered during the Policy Period.", "size": 2, "hash": "c46028564537d466324c1cb06deb4fc0", "id": 4}, {"samples": [{"hash": "7n9lAKymXTq", "uri": "/contracts/7n9lAKymXTq#cyber-extortion", "label": "Joint Powers Subscriber Agreement", "score": 29.7833518982, "published": true}], "snippet_links": [{"key": "by-a-third-party", "type": "clause", "offset": [30, 46]}, {"key": "rogue-employee", "type": "definition", "offset": [50, 64]}, {"key": "in-consideration-for", "type": "clause", "offset": [83, 103]}, {"key": "removal-of", "type": "definition", "offset": [135, 145]}, {"key": "business-operations", "type": "definition", "offset": [208, 227]}, {"key": "to-generate", "type": "definition", "offset": [305, 316]}, {"key": "to-third-parties", "type": "clause", "offset": [338, 354]}, {"key": "your-website", "type": "definition", "offset": [366, 378]}, {"key": "personally-identifiable-information", "type": "definition", "offset": [421, 456]}, {"key": "protected-health-information", "type": "definition", "offset": [458, 486]}, {"key": "confidential-business-information", "type": "definition", "offset": [488, 521]}, {"key": "access-to-the-network", "type": "clause", "offset": [630, 651]}, {"key": "decryption-key", "type": "definition", "offset": [700, 714]}], "snippet": "Threat means\n1. A threat made by a third party or rogue employee demanding payment in consideration for the elimination, mitigation or removal of the threat intended to:\na. disrupt the network to impair your business operations;\nb. alter, damage, or destroy data stored on the network;\nc. use the network to generate and transmit malware to third parties;\nd. deface your website; and\ne. access or release data, including personally identifiable information, protected health information; confidential business information stored or previously stored on the network;\nf. Refuse to return data stolen from the network; or\ng. Prevent access to the network or data by using encryption and withholding the decryption key.", "size": 1, "hash": "e62901bda85b9be593fbcd6ffc90b2a7", "id": 5}, {"samples": [{"hash": "f6K50FhyRKC", "uri": "/contracts/f6K50FhyRKC#cyber-extortion", "label": "Cyber Protection Plan Policy", "score": 33.8499679565, "published": true}], "snippet_links": [{"key": "will-provide", "type": "clause", "offset": [3, 15]}, {"key": "professional-assistance", "type": "clause", "offset": [16, 39]}, {"key": "advice-and-support", "type": "clause", "offset": [58, 76]}, {"key": "responding-to", "type": "clause", "offset": [84, 97]}, {"key": "legally-permissible", "type": "definition", "offset": [187, 206]}, {"key": "subject-to", "type": "clause", "offset": [211, 221]}, {"key": "prior-written-consent", "type": "clause", "offset": [226, 247]}, {"key": "requested-by", "type": "clause", "offset": [256, 268]}, {"key": "you-must-notify", "type": "clause", "offset": [273, 288]}, {"key": "law-enforcement-authorities", "type": "definition", "offset": [302, 329]}, {"key": "without-prejudice-to-the", "type": "clause", "offset": [350, 374]}, {"key": "section-13", "type": "definition", "offset": [398, 408]}, {"key": "what-is-not-covered", "type": "clause", "offset": [413, 432]}, {"key": "payment-of", "type": "clause", "offset": [453, 463]}, {"key": "coverage-section", "type": "definition", "offset": [490, 506]}, {"key": "close-of-business", "type": "clause", "offset": [552, 569]}, {"key": "transfer-of", "type": "definition", "offset": [586, 597]}, {"key": "fraud-event", "type": "definition", "offset": [641, 652]}, {"key": "cyber-extortion-event", "type": "definition", "offset": [684, 705]}], "snippet": "We will provide professional assistance from an expert to advice and support you in responding to cyber extortion threats. We will also reimburse you for any \u2587\u2587\u2587\u2587\u2587\u2587 you pay (provided its legally permissible and subject to our prior written consent). If so requested by us, you must notify any relevant law enforcement authorities of cyber extortion. Without prejudice to the exclusion contained at section 13 of \u201cWhat is not covered\u201d, the amount of any payment of cryptocurrency under this coverage section will be determined by us at its value at the close of business on the date the transfer of cryptocurrency occurred as a result of the fraud event or was made in response to the cyber extortion event.", "size": 1, "hash": "1dfedbab815581eb4f5c9628349c0bb2", "id": 7}, {"samples": [{"hash": "3UkR4gRzxuD", "uri": "/contracts/3UkR4gRzxuD#cyber-extortion", "label": "Cyber Liability and Breach Response Endorsement", "score": 28.0706195831, "published": true}], "snippet_links": [{"key": "to-indemnify", "type": "clause", "offset": [0, 12]}, {"key": "covered-party", "type": "definition", "offset": [17, 30]}, {"key": "cyber-extortion-loss", "type": "definition", "offset": [36, 56]}, {"key": "the-retention", "type": "clause", "offset": [71, 84]}, {"key": "the-firm", "type": "clause", "offset": [98, 106]}, {"key": "direct-result", "type": "definition", "offset": [112, 125]}, {"key": "extortion-threat", "type": "definition", "offset": [132, 148]}, {"key": "the-coverage-period", "type": "definition", "offset": [184, 203]}, {"key": "a-person", "type": "definition", "offset": [207, 215]}, {"key": "any-person", "type": "definition", "offset": [322, 332]}, {"key": "the-foregoing", "type": "definition", "offset": [358, 371]}, {"key": "coverage-under", "type": "clause", "offset": [373, 387]}, {"key": "coverage-agreement", "type": "definition", "offset": [393, 411]}, {"key": "applicable-conditions", "type": "definition", "offset": [430, 451]}, {"key": "reporting-requirements", "type": "definition", "offset": [456, 478]}, {"key": "in-clause", "type": "clause", "offset": [506, 515]}, {"key": "in-the-event-of", "type": "clause", "offset": [534, 549]}], "snippet": "To indemnify the Covered Party for: Cyber Extortion Loss, in excess of the Retention, incurred by The Firm as a direct result of an Extortion Threat first made against The Firm during the Coverage Period by a person, other than the FIRM\u2019s employees, directors, officers, principals, members, law partners, contractors, or any person in collusion with any of the foregoing. Coverage under this Coverage Agreement is subject to the applicable conditions and reporting requirements, including those set forth in Clause XIII, Obligations in The Event of an Extortion Threat.", "size": 1, "hash": "68c4c1486f51f02799fa91b3b5dd0134", "id": 8}, {"samples": [{"hash": "i7qc5hNWokF", "uri": "/contracts/i7qc5hNWokF#cyber-extortion", "label": "Insurance Policy", "score": 24.811088562, "published": true}], "snippet_links": [{"key": "to-indemnify", "type": "clause", "offset": [0, 12]}, {"key": "the-named-insured", "type": "definition", "offset": [13, 30]}, {"key": "cyber-extortion-loss", "type": "definition", "offset": [36, 56]}, {"key": "the-retention", "type": "clause", "offset": [71, 84]}, {"key": "insured-organization", "type": "definition", "offset": [102, 122]}, {"key": "direct-result", "type": "definition", "offset": [128, 141]}, {"key": "extortion-threat", "type": "definition", "offset": [148, 164]}, {"key": "policy-period", "type": "clause", "offset": [220, 233]}, {"key": "a-person", "type": "definition", "offset": [237, 245]}, {"key": "committee-members", "type": "definition", "offset": [369, 386]}, {"key": "members-of-the-management-board", "type": "clause", "offset": [388, 419]}, {"key": "any-person", "type": "definition", "offset": [434, 444]}, {"key": "the-foregoing", "type": "definition", "offset": [470, 483]}, {"key": "coverage-under", "type": "clause", "offset": [485, 499]}, {"key": "insuring-agreement", "type": "definition", "offset": [505, 523]}, {"key": "applicable-conditions", "type": "definition", "offset": [542, 563]}, {"key": "reporting-requirements", "type": "definition", "offset": [568, 590]}, {"key": "in-clause", "type": "clause", "offset": [618, 627]}, {"key": "in-the-event-of", "type": "clause", "offset": [661, 676]}], "snippet": "To indemnify the Named Insured for: Cyber Extortion Loss, in excess of the Retention, incurred by the Insured Organization as a direct result of an Extortion Threat first made against the Insured Organization during the Policy Period by a person, other than the Insured Organization\u2019s directors, officers, principals, trustees, governors, Managers, members, management committee members, members of the management board, partners, or any person in collusion with any of the foregoing. Coverage under this Insuring Agreement is subject to the applicable conditions and reporting requirements, including those set forth in Clause X., paragraph FPC-C, OBLIGATIONS IN THE EVENT OF AN EXTORTION THREAT.", "size": 1, "hash": "ec83e98ae82cbfcbe7554cc4b8684ec9", "id": 9}, {"samples": [{"hash": "bJ5KTeVSj6R", "uri": "/contracts/bJ5KTeVSj6R#cyber-extortion", "label": "General & Auto Liability Coverage Agreement", "score": 32.0369338989, "published": true}], "snippet_links": [{"key": "notification-costs", "type": "definition", "offset": [55, 73]}, {"key": "credit-monitoring", "type": "definition", "offset": [75, 92]}, {"key": "forensic-expenses", "type": "definition", "offset": [114, 131]}, {"key": "other-loss", "type": "clause", "offset": [165, 175]}, {"key": "expense-incurred", "type": "definition", "offset": [187, 203]}, {"key": "arising-out-of", "type": "definition", "offset": [204, 218]}, {"key": "access-to", "type": "definition", "offset": [223, 232]}, {"key": "disclosure-of", "type": "clause", "offset": [236, 249]}, {"key": "any-person", "type": "definition", "offset": [250, 260]}, {"key": "personal-information-and-data", "type": "clause", "offset": [325, 354]}], "snippet": "This exclusion applies even if damages are claimed for notification costs, credit monitoring and repair expenses, forensic expenses, public relation expenses or any other loss, damage or expense incurred arising out of any access to or disclosure of any person\u2019s or organization\u2019s confidential, intellectual, proprietary, or personal information and data.", "size": 1, "hash": "169d6a649f8359b659c57b930fe0a968", "id": 10}], "next_curs": "ClgSUmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjQLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhhjeWJlci1leHRvcnRpb24jMDAwMDAwMGEMogECZW4YACAA", "clause": {"parents": [["insuring-agreements", "Insuring Agreements"], ["first-party-coverages", "FIRST PARTY COVERAGES"], ["general-conditions-of-cover", "GENERAL CONDITIONS OF COVER"], ["severability-of-interests", "SEVERABILITY OF INTERESTS"], ["limits-of-liability", "Limits of Liability"]], "children": [["insured-events-covered", "Insured Events Covered"], ["description-of-cover", "Description of Cover"], ["conditions-of-cover", "Conditions of cover"], ["scope-of-cover", "Scope of Cover"]], "title": "Cyber Extortion", "size": 21, "id": "cyber-extortion", "related": [["no-third-parties-benefited", "No Third Parties Benefited", "No Third Parties Benefited"], ["no-third-parties-benefitted", "No Third Parties Benefitted", "No Third Parties Benefitted"], ["availability-of-verizon-telecommunications-services", "Availability of Verizon Telecommunications Services", "Availability of Verizon Telecommunications Services"], ["recognition-and-scope", "RECOGNITION AND SCOPE", "RECOGNITION AND SCOPE"], ["use-of-interconnection-facilities-by-third-parties", "Use of Interconnection Facilities by Third Parties", "Use of Interconnection Facilities by Third Parties"]], "related_snippets": [], "updated": "2025-07-24T04:27:57+00:00", "also_ask": ["What key triggers and definitions should be included to ensure comprehensive cyber extortion coverage?", "How can exclusions or carve-outs be negotiated to avoid fatal gaps in protection?", "What are the most common pitfalls in enforceability of cyber extortion clauses in court?", "How does this clause compare to industry-standard cyber insurance provisions?", "What strategic leverage points exist when negotiating limits, sublimits, and response obligations?"], "drafting_tip": "Define 'cyber extortion' precisely to avoid ambiguity; specify covered threats and demands to ensure comprehensive protection; require prompt notification of incidents to facilitate timely response.", "explanation": "The Cyber Extortion clause defines the insurer's coverage and response in the event that the insured faces threats or demands related to cyber extortion, such as ransomware attacks or threats to release sensitive data. Typically, this clause outlines what constitutes a covered extortion event, the types of expenses or payments that may be reimbursed (such as ransom payments, investigation costs, or negotiation expenses), and any conditions or exclusions that apply. Its core practical function is to provide financial protection and support to organizations targeted by cybercriminals, helping them manage and mitigate the risks and costs associated with cyber extortion incidents."}, "json": true, "cursor": ""}}