Privacy Event definition

Privacy Event means any act, error or omission which, in the reasonable opinion of the named insured did cause or is reasonably likely to result in the unauthorized disclosure or the unauthorized use of protected information.

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Privacy Event means an unauthorized disclosure or loss of “Personal Information” in the care, custody or control of any “Insured”.

Privacy Event means any act, error or omission which, in the reasonable opinion of an owner, manager of any limited liability entity, member of the Management Committee, Managing Partner, Operating Partner, Senior Partner (or any equivalent position) or Risk Manager (or any equivalent position) did cause or is reasonably likely to result in the unauthorized disclosure or the unauthorized use of non-public personal information.

Examples of Privacy Event in a sentence

The Insurer will pay on behalf of the Insured: Privacy & Cyber Breach Liability Claim Expenses and Damages resulting from a Claim for a Privacy Event or Cyber Breach Event that is first made during the Policy Period, or applicable extended reporting period.
Defense Expenses and Damages that the Insured becomes legally obligated to pay due to a Claim for a Privacy Event, Security Breach, or violation of a Breach Notice Law that first occurred on or after the Retroactive Date.
All such Claims or Privacy Events, whenever made, shall be considered first made during the Policy Period in which the earliest Claim or Privacy Event, respectively, arising out of such Wrongful Act(s) was first made, and all such Claims and Privacy Events shall be subject to the Limits of Liability, any applicable Sublimit, and the self-insured retention as set forth in the Declarations of said Policy.
Defense Expenses and Penalties that the Insured becomes legally obligated to pay due to a Claim by a government regulator in its regulatory or official capacity caused by a Privacy Event that first occurred on or after the Retroactive Date.
The Retentions set forth in ITEM 2 of the Cyber Declarations shall apply separately to each Privacy Event, System Breach, Cyber Extortion Event, Data Recovery Event, Business Interruption Event, or Dependent Business Interruption Event, in the amounts set forth therein.
Claims or Privacy Events based upon, arising out of or attributable to the actual or alleged same or related Wrongful Act(s) shall be treated as a single Claim or Privacy Event, respectively, regardless of whether made against one or more than one Insured.
The liability of the Insurer for all Claim Expenses, Damages and Privacy Breach Costs for each Claim first made against the Insured or each Privacy Event which happens during the Policy Period and is reported in writing to the Insurer during the Policy Period or under any applicable Extended Reporting Period shall not exceed the amount stated in Item 4.
Defense Expenses and PCI Assessments that the Insured becomes legally obligated to pay due to a Claim for a Privacy Event that first occurred on or after the Retroactive Date, which involves the Insured's actual or alleged noncompliance with published PCI Data Security Standards.
As a condition precedent to coverage under this Policy for a Privacy Event, the Insured shall provide the Insurer written notice of a Privacy Event as soon as practicable, but in no event later than the expiration of the Policy Period or the expiration of any applicable Extended Reporting Period.
Breach Response Costs incurred by the Organization due to an actual or reasonably suspected Privacy Event or System Breach that first occurs on or after the Retroactive Date.

More Definitions of Privacy Event

Privacy Event means the following occurring on or after the Retroactive Date and prior to the end of the Policy Period:

Privacy Event means: 1. the Insured's unintentional and unauthorized disclosure or loss of Personal Information or Corporate Information in the care, custody or control of any Insured or Service Provider; 2. unauthorized or surreptitious collection of Personal Information or Corporate Information by an Insured or the failure to provide adequate notice that such information is being collected; or 3. a violation of any Privacy Regulation or failure to comply with the Insured's own privacy policies.

Privacy Event means any failure to protect confidential information (whether by “phishing,” other social engineering technique or otherwise) including, without limitation, that which results in an identity theft or other wrongful emulation of the identity of an individual or corporation; violation of any federal, state, foreign or local privacy statute alleged in connection with a Claim for Damages, judgments, settlements, pre-judgment and post-judgment interest.