Cyber Extortion. The Insurer will reimburse the Insured Company for cyber-extortion expenses that the Insured Company incurs directly resulting from and in response to a cyber-extortion threat.
Cyber Extortion. To indemnify the Named Insured for Cyber Extortion Loss, in excess of the Retention, incurred by the Insured Organization as a direct result of an Extortion Threat first made against the Insured Organization during the Policy Period.
Cyber Extortion. To indemnify the Named Insured for: Cyber Extortion Loss, in excess of the Retention, incurred by the Insured Organization as a direct result of an Extortion Threat first made against the Insured Organization during the Policy Period by a person, other than the Insured Organization’s directors, officers, principals, trustees, governors, Managers, members, management committee members, members of the management board, partners, or any person in collusion with any of the foregoing. Coverage under this Insuring Agreement is subject to the applicable conditions and reporting requirements, including those set forth in Clause X., paragraph FPC-C, OBLIGATIONS IN THE EVENT OF AN EXTORTION THREAT.
Cyber Extortion. We shall indemnify you, to the extent insurable, for extortion payment arising directly from a cyber extortion threat that is first made against you in your personal capacity, during the policy period.
Cyber Extortion. Xxxxxx or investigative expenses associated with a threat directed at you to release, divulge, disseminate, destroy, steal, or use the confidential information taken from the insured, introduce malicious code into your computer system; corrupt, damage, or destroy your computer system, or restrict or hinder access to your computer system. Network Business Interruption: Reimbursement of your loss of income and / or extra expense resulting from an interruption or suspension of computer systems due to a failure of network security to prevent a security breach. Includes sub-limited coverage for dependent business interruption Data Asset Protection: Recovery of costs and expenses you incur to restore, recreate, or recollect your data and other intangible assets (i.e., software applications) that are corrupted or destroyed by a computer attack. Insurance carrier(s) must have an AM Best Rating of “A , VII” or better. The insurance must be obtained from a licensed mutual, stock, or other responsible company licensed to do business in the State of Michigan. The Academy may join with other public school academies to obtain insurance if the Academy Board finds that such an association provides economic advantages to the Academy, provided that each Academy maintains its identity as first named insured. The Academy shall have a provision included in all policies requiring notice to the University Board, at least thirty (30) days in advance, upon termination or non-renewal of the policy. In addition, the Academy shall submit within ten (10) days of insurance renewal “Xxxxx” copies of the insurance certificate of liability insurance to the Charter Schools Director. The Academy shall also submit for review, upon request, copies of insurance policies evidencing all insurance required by the Contract, and proof of naming University as additionally insured to the Charter Schools Director or an agent selected by the Charter Schools Director. The Academy shall also submit, upon request, to the Charter Schools Director a completed public school academy insurance verification document. The Academy shall properly maintain the necessary insurance certificates evidencing the insurance required by the Contract. When changing insurance programs or carriers, the Academy must provide copies of the proposed policies to the University Board, or its designee, at least thirty (30) days prior to the proposed change. The Academy shall not cancel its existing coverage without the prior approva...
Cyber Extortion i. Investigation, notification and related credit monitoring costs from any of the above.
Cyber Extortion. The Insurer will reimburse, or pay on behalf of, the Insured for Cyber Extortion Costs, resulting from a Cyber Extortion Threat that is Discovered during the Policy Period. Data Restoration. The Insurer will reimburse, or pay on behalf of, the Insured for Restoration Costs, directly caused by a Security Breach that is Discovered during the Policy Period.
Cyber Extortion. Expenses means
Cyber Extortion. Threat means
Cyber Extortion. To indemnify the Covered Party for: Cyber Extortion Loss, in excess of the Retention, incurred by The Firm as a direct result of an Extortion Threat first made against The Firm during the Coverage Period by a person, other than the FIRM’s employees, directors, officers, principals, members, law partners, contractors, or any person in collusion with any of the foregoing. Coverage under this Coverage Agreement is subject to the applicable conditions and reporting requirements, including those set forth in Clause XIII, Obligations in The Event of an Extortion Threat.
