Cyber Risk definition

Cyber Risk means the risk of:

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Cyber Risk. 1 means the combination of the probability of cyber incidents occurring and their impact;

Cyber Risk means a peril in the electronic information environment by which injuries, damages and other losses ensue. The exact definition of "cyber risk” or similar terms for any line of insurance coverage shall be the definition in the excess insurance or reinsurance policy purchased by the Fund unless superseded by the policy issued by the Fund, and

Examples of Cyber Risk in a sentence

Aggregate Limit $ 2,000,000 Automobile Liability Combined Single Limit $ 1,000,000 Professional Liability $ 2,000,000 Cyber Risk Insurance $ 15,000,000 Umbrella Liability $ 2,000,000 Additional Insured: Contractor shall add the “<Name of Participating Entity>, its officers, employees and agents” as an additional insured under the commercial general, automobile and umbrella policies.
DEFCON 658 (SC2) Cyber Risk Profile - Very Low .....................................................................
Owner agrees that the following policies shall name Manager as Additional Insured during the term of this Agreement: Hospital Professional Liability, General Liability, Property Insurance, Privacy (Cyber Risk) Liability and Pollution Liability as respects the management and operations support of the Hospital.
Proposer’s responses to a City’s Cyber Risk Assessment Questionnaire.
This General Liability (and/or Umbrella Liability) policy shall name Customer as an additional insured with respect to the provision of services provided under this Agreement; and (3) Technology Professional Liability Errors & Omissions policy (which includes Cyber Risk coverage and Computer Security and Privacy Liability coverage) with a limit of no less than $5,000,000 per occurrence and in the aggregate.

More Definitions of Cyber Risk

Cyber Risk means any loss, damage, liability, claim, cost, or expense of any nature directly or indirectly caused by, contributed to by, resulting from, or arising out of or in connection with, any one or more instances of any of the following:

Cyber Risk means any risks that emanate from the use of electronic data and its transmission, including technology tools such as the internet and telecommunications networks. It includes physical damage that can be caused by cybersecurity incidents, fraud committed by unauthorized use of data, any financial implications arising from data storage, availability, integrity, and confidentiality of electronic information related to individuals, public or private organizations and government authorities;

Cyber Risk means any risk of financial loss, disruption or damage to the reputation of the Group from some sort of failure of its information technology systems. Cybersecurity has become a critical issue for the Group. Cyber threats have evolved from being primarily focused on theft of customer personal information to broader threats against intellectual property such as trade secrets, product information, and negotiating strategies.

Cyber Risk means any risk of financial loss, disruption or damage to the reputation of an organization from some sort of failure of its information technology systems [1].“Kaspi Bank” is Kazakhstani retail bank and ranks of third in terms of deposits from individuals, 6th in terms of equity capital among Kazakhstani banks on date of January 2017 [2]. The ecosystem of “Kaspi Bank” accounts for about 20% of the turnover of non-food products in the country on date of July 2017 [2]. According to business weekly rating Kapital.kz “Kaspi Bank” received “The Best Banks of Kazakhstan” award for the most thoughtful strategy during the crisis in 2014 [3], in 2016 - for the most client-oriented service [4]. Also in 2016 the bank became the winner of the IV Kazakhstan Prize "Ak Mergen" in the field of public relations in the nomination "The best project in the field of social communications and charity" [5].According to Digital Kazakhstan -2020 any economic entity has been transforming its activity and business processes. Kaspi Bank develops three unique online services on Kaspi.kz today: "Payments", "My Bank", "Shop". Kaspi.kz allows Kazakhstan citizens to pay bills for various services in one minute without commissions. "Kaspi Shop" shows high growth.Since launch of this service Kazakhstan citizens have bought more than 115 thousand goods. Only in May, 2016 more than 15 thousand purchases have been made. It is for 7 times more than in previous year. The website “Kaspi.kz”experiences the growing popularity at clients. Users of online services especially like payments without the commissions and favorable credit purchases to make quickly and in "Shop". Especially for "Shop" on the website “Kaspi.kz” the cheapest "Credit for purchases" is made [2]. Results of work of these online services are impressive. Kazakhstan citizens have made already more than 33 million payments without the commissions on the website “Kaspi.kz” and have saved more than 3 billion tenges of national currency. All services on the website “Kaspi.kz” is cheaper and more favorable, than usually. The most popular "Credit for purchases" there is in "Shop" on “Kaspi.kz” with an interest rate of 19,95% in comparison with 24, 95% for ordinary credit . “Kaspi Bank” plans to introduce new standardsof online services and new services already are implemented. There are new superconvenient services which are provided via website “Kaspi.kz” and more than 4000 “Kaspi-terminals” through the whole country. Within this year ...

Cyber Risk means a risk –

Cyber Risk means an unauthorized, malicious or criminal act or series of related unauthorized, malicious or criminal acts, regardless of time and place, or the threat or hoax thereof involving access to, processing of, use of or operation of any “computer and/or network system”.

Cyber Risk means any risk of financial loss, disruption or damage to the reputation of