Common use of Cyber/Network Security & Privacy Liability Clause in Contracts

Cyber/Network Security & Privacy Liability. If Supplier is handling FDU data and Confidential, Sensitive, or personally identifiable information is involved in the transaction, a minimum of $2,000,000 per incident/claim/$2,000,000 aggregate covering the Services contained within this Order to include, but not be limited to, Data Breach, security and privacy violations, first party damage, third party liability, regulatory fines and penalties, crisis management costs which include customer notification expenses and credit monitoring.

Cyber/Network Security & Privacy Liability. If Supplier is handling FDU data and Confidentialconfidential, Sensitivesensitive, or personally identifiable information is involved in the transactioninvolved, a minimum of $2,000,000 per incident/claim/$2,000,000 aggregate covering the Services contained within activities under this Order to include, but not be limited to, Data Breach, security and privacy violations, first party damage, third party liability, regulatory fines and penalties, and crisis management costs which include customer notification expenses and credit monitoring.