Notification expenses definition

Notification expenses means those reasonable and necessary expenses that an Insured shall become legally obligated to pay, solely to comply with Privacy Regulations, including communications with, and credit monitoring services for, affected customers and/or clients. “Notification Expenses” shall not include Claim Expenses.

Notification expenses means all reasonable and necessary expenses incurred by an Insured, with OMIC’s prior written consent, to comply with governmental privacy legislation mandating notification to affected individuals in the event of a security breach or privacy breach, whether or not there is a specific requirement by law to do so. Notification expenses includes, but is not limited to:

Notification expenses means those reasonable and necessary legal expenses, postage expenses, and related advertising expenses you incur with our consent and which are approved by us to mitigate damage to your brand or comply with governmental privacy legislation mandating notification to affected individuals in the event of a security event, privacy event, or breach of privacy regulations that results in the compromise or potential compromise of personal information maintained by you or otherwise residing on a computer network operated by you or on your behalf.

Examples of Notification expenses in a sentence

• Such policy shall cover, at a minimum, the following: Data Loss and System Damage Liability; Security Liability; Privacy Liability; Privacy/Security Breach Response coverage, including Notification Expenses.

• Our total aggregate sub-limit of liability for all claims under this clause 3.5.4 First Party Notification Expenses shall not exceed $50,000.

• Payment of Loss, Claim Expenses and Notification Expenses as a result of a Privacy Breach or a Security Breach shall reduce the available Sublimit of Liability, which will also reduce the available Limit of Liability of this Policy.

• Each Claim$3,000,000Annual Aggregate$3,000,000Event Management Expenses$1,500,000Deductible or Self-Insured Retention$25,000 Maximum per occurrence The Cyber Liability insurance shall be on a form acceptable to JWB and shall cover Security & Privacy Liability and Breach Response Coverage, including Notification Expenses.

• With respect to Security and Privacy Breach Response Costs, Notification Expenses, and Support and Credit Monitoring Expenses Coverage only, a written report by an Insured to OMIC of an adverse media report, security breach, or privacy breach.

More Definitions of Notification expenses

Notification expenses means those reasonable and necessary expenses which you incur, with the Company’s prior written consent, to comply with governmental privacy legislation mandating notification to affected individuals in the event of a security breach or privacy breach. Notification expenses include, but are not limited to:

Notification expenses means reasonable and necessary costs or expenses of notification to those whose Personally Identifiable Information was affected by an Information Loss.

Notification expenses means those reasonable and necessary expenses which you incur, with our prior written consent, to notify affected individuals in the event of a “security breach” or “privacy breach”, whether or not there is a specific requirement by law to do so. “Notification expenses” include, but are not limited to:

Notification expenses means those reasonable and necessary expenses that an Insured shall become legally obligated to pay, solely to comply with Privacy Regulations, including communications with, and credit monitoring

Notification expenses means those reasonable and necessary legal expenses, postage expenses, and related advertising expenses you incur with our consent and which are approved by us: Ascent Australia v2.7 Optio 2018 9 ASCENT CYBERPRO POLICY (Australia)

Notification expenses means all expenses associated with mandatory notification following a HIPAA Security Event as required under the HIPAA Breach Notification Rule.

Notification expenses means reasonable and necessary expenses and Media Notice Costs that You incur on Your own behalf, or on behalf of a party for whom You are Vicariously Liable, to provide Notification of a Security Breach or Privacy Breach, including printing costs, mailing and postage expenses, and the costs to engage a Third Party to mail Notification letters and prepare substitute or website notices. “Notification Expenses” does not include Privacy Breach Response Costs.