Cyber Insurance definition

Cyber Insurance means sufficient insurance cover to mitigate the risk of cyber breach due to security or systems failure resulting in the unauthorised access of private/Personal Information by a third party;
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Cyber Insurance means sufficient insurance cover to mitigate the risk of cyber breach due to security or systems failure resulting in the unauthorised access of private/personal information protected by POPIA and/or any other data protection legislation, by a third party;
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Cyber Insurance means an insurance product used to protect businesses and/or individual users from internet-based risks and/or more generally from risks relating to information technology infrastructure and activities;
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Examples of Cyber Insurance in a sentence

  • Cyber Insurance: (If contractual requirement exists.) $5,000,000.00 (Per 702 KAR 4:160.

  • Network Security & Privacy (Cyber) Insurance with an aggregate limit of liability not less than $1,000,000.

  • Cyber Insurance: $1,000,000 per occurrence to cover both 1st and3rd party claims through the entire contract; $200 per record per occurrence in the amount not to exceed the cost of the full contract.

  • Supplier shall, at its own expense, procure and maintain in full force at all time during the term of this Agreement Cyber Insurance covering cyber and network risks.

  • Cyber Insurance Offeror shall procure and maintain Cyber Liability Insurance appropriate to the Offeror’s profession, with limits not less than $3,000,000 per occurrence or claim/ $3,000,000 policy aggregate.

  • Furthermore, during the Term of this Agreement, Company shall maintain a Crime and Cyber Insurance Policy that includes coverage for “Social Engineering” claims and extends coverage to Xxxxxxxx.

  • Errors and Omissions Insurance (Professional Liability and Cyber Insurance) with limits of liability of at least One Million Dollars ($1,000,000) per claim and in the aggregate.

  • Cyber Insurance: The Contractor shall hold Cyber Insurance policies, or obtain a performance bond, to cover liability that includes, but is not limited to, costs of cyber security breaches, unauthorized data disclosure, data tampering, data loss, credit monitoring, system restoration/repair, follow-on lawsuits, and other damages during the entire life of this contract, including any renewals.

  • Cyber Insurance is required for all software, computer hardware installation, data access, data integrations, data usage, cloud storage, and technology related contracts.

  • Talesh, Data Breach, Privacy, and Cyber Insurance: How Insurance Companies Act as “Compliance Managers” for Businesses, 43 L.

Related to Cyber Insurance

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to:

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • Property Insurance is defined in Section 6.10(a).

  • Blanket insurance policy means a group policy covering a defined class of

  • Casualty insurance means liability insurance.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Dental Insurance The District shall contribute $360.00 annually toward the cost of dental insurance whether for single or family coverage for full-status employees who qualify for and enroll in the plan. The cost of the premium not contributed by the District for family coverage shall be borne by the employee through payroll deduction.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Member insurer means any person who:

  • Insurance carrier means every insurance carrier duly

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.