Computer Threat definition

Computer Threat means any threat, communicated to an Insured Entity for the purpose of demanding Ransom Monies, to alter, adulterate, or destroy any Insured Entity’s computer programs by the fraudulent input of data (information, knowledge, facts, concepts or instructions which are processed and stored in the Computer System of an Insured Entity) by the fraudulent input of data into the Computer System of such Insured Entity by a person or group, whether acting alone or in collusion with others, where such person or group has fraudulently accessed or alleges to have accessed such Computer System and is demanding payment or a series of payments, in exchange for the mitigation or removal of such threats. However, such threat shall not constitute a Computer Threat unless, prior to surrendering property or other consideration as payment by or on behalf of an Insured Entity,

Related to Computer Threat

  • Computer Virus means any computer instruction, information, data or programme that destroys, damages, degrades or adversely affects the performance of a computer resource or attaches itself to another computer resource and operates when a programme, data or instruction is executed or some other event takes place in that computer resource;