Common use of Cyber Liability Insurance Clause in Contracts

Cyber Liability Insurance. With coverage of not less than Two Million Dollars ($2,000,000) in the aggregate which shall include at a minimum coverage for (i) unauthorized access, which may take the form of a “hacker attack” or a “virus” introduced by a third party or cyber extortion; (ii) crisis management, response costs and associated expenses (e.g. legal and public relations expenses); (iii) breach of the City Data; and (iv) loss of data or denial of service incidents.

Appears in 6 contracts

Samples: Privacy and Security Agreement, Privacy and Security Agreement, Privacy and Security Agreement

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Cyber Liability Insurance. With coverage of not less than Two Three Million Dollars ($2,000,0003,000,000) in the aggregate which shall include at a minimum coverage for (i) unauthorized accessaccess by an outside party, which may take the form of a “hacker attack” or a “virus” introduced by a third party or cyber extortionparty; (ii) crisis managementfailure to prevent a party other than an insured from unauthorized access to, response costs use of, tampering with or introduction of malicious code into data, programs or systems; and associated expenses (e.g. legal and public relations expenses); (iii) breach of the City Data; and (iv) loss of data or denial of service incidentsCustomer’s data.

Appears in 3 contracts

Samples: License Agreement, License Agreement, License Agreement

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Cyber Liability Insurance. With coverage of not less than Two Million Dollars ($2,000,000) in the aggregate which shall include at a minimum coverage for (i) unauthorized access, which may take the form of a “hacker attack” or a “virus” introduced by a third party or cyber extortion; (ii) crisis management, response costs and associated expenses (e.g. legal and public relations expenses); (iii) breach of the City Data; and (iv) loss of data or denial of service incidents.incidents.‌

Appears in 1 contract

Samples: Privacy and Security Agreement

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