Invoice Manipulation definition
Invoice Manipulation means the release or distribution of any fraudulent invoice or fraudulent payment instruction to a third party as a direct result of a Security Incident or Privacy Incident resulting in the Insured Entity’s inability to collect payment for any goods, products or services after such goods, products or services have been transferred to a third party. Loss means Business Interruption Loss, Claims Expenses, Extortion Loss, Damages, Data Restoration Costs, Direct Financial Loss, Direct Net Loss, Hardware Replacement Costs, Incident Response Expenses, PCI Fines and Expenses, Regulatory Fines, Reputation Loss, and any other amounts covered under this policy. Multiple Losses arising from the same or a series of related, repeated, or continuing acts, errors, omissions, incidents, or events will be considered a single Loss for the purposes of this policy. With respect to the First Party Insuring Agreements, all acts, errors, omissions, incidents, or events (or series of related, repeated or continuing acts, errors, omissions, incidents, or events) giving rise to a Loss or multiple Losses in connection with such Insuring Agreements will be deemed to have been discovered at the time the first such act, error, omission, incident, or event is discovered. Media Content means content that is created or disseminated, via any form or expression, by or on behalf of the Insured Entity. Media Content does not include: (i) tangible product designs; or (ii) content created or disseminated by the Insured Entity on behalf of a third party. Media Incident means any of the following in the public display of Media Content:
Invoice Manipulation means the release or distribution of any fraudulent invoice or fraudulent payment instruction to a third party as a direct result of a Security Breach or a Data Breach.
Examples of Invoice Manipulation in a sentence
Any Cyber Breach Event, Cyber-extortion Threat or Ransomware, System Failure, Dependent Business Interruption, Dependent System Failure, Social Engineering Fraud, Funds Transfer Fraud, Utility Fraud or Invoice Manipulation.