Network Extortion definition

Network Extortion means a third party demand to the Insured Entity for money or securities in exchange for:
Network Extortion means a credible threat or connected series of credible threats, by an individual, to commit or to continue an attack on the Company’s Network, or to disclose Personal Data or the unauthorised release of confidential and proprietary information obtained through a breach of the Insured’s Network Security, for the purpose of obtaining payment from the Insured.
Network Extortion means a credible threat or connected series of credible threats, by an individual other than an Employee, to commit or to continue an attack on the Insured’s Network, or to disclose Personal Information or the unauthorised release of a third party’s confidential and proprietary information obtained through a breach of the Insured’s Network Security, for the purpose of obtaining payment from the Insured.

Examples of Network Extortion in a sentence

  • Any amount which the Insured actually pays to any person or entity, including for services to avoid, defend, preclude or resolve a Network Extortion which first occurs during the Policy Period and is reported to the Underwriters in accordance with the terms of this Policy.


More Definitions of Network Extortion

Network Extortion means a credible threat or connected series of credible
Network Extortion means a credible threat or connected series of credible threats made by a natural person to:

Related to Network Extortion

  • Digital Cross Connect System or "DCS" is a function which provides automated Cross Connection of Digital Signal Level 0 (DS0) or higher transmission bit rate digital channels within physical interface facilities. Types of DCS include but are not limited to DCS 1/0s, DCS 3/1s, and DCS 3/3s, where the nomenclature 1/0 denotes interfaces typically at the DS1 rate or greater with Cross Connection typically at the DS0 rate. This same nomenclature, at the appropriate rate substitution, extends to the other types of DCS specifically cited as 3/1 and 3/3. Types of DCS that cross connect Synchronous Transport Signal level 1 (STS-1 s) or other Synchronous Optical Network (SONET) signals (e.g., STS-3) are also DCS, although not denoted by this same type of nomenclature. DCS may provide the functionality of more than one of the aforementioned DCS types (e.g., DCS 3/3/1 which combines functionality of DCS 3/3 and DCS 3/1). For such DCS, the requirements will be, at least, the aggregation of requirements on the "component" DCS. In locations where automated Cross Connection capability does not exist, DCS will be defined as the combination of the functionality provided by a Digital Signal Cross Connect (DSX) or Light Guide Cross Connect (LGX) patch panels and D4 channel banks or other DS0 and above multiplexing equipment used to provide the function of a manual Cross Connection. Interconnection is between a DSX or LGX to a Switch, another Cross Connection, or other service platform device.

  • Network Services means the equipment, software, and services necessary to transmit voice, data, or video.

  • Network means the Distributor's lines, substations and associated equipment used to convey electricity between:

  • Network Element is As Defined in the Act.