Information Security/Cyber Liability Insurance. Information Security/Cyber Liability insurance written on a “claims-made” basis covering Vendor and Vendor Staff for expenses, claims and losses resulting from wrongful acts committed in the performance of, or failure to perform, all Services, including, without limitation, claims, other demands and any payments related to electronic or physical security, breaches of confidentiality and invasion of or breaches of privacy. The Information Security/Cyber Liability Insurance must include internet media liability including cloud computing and mobile devices for protection of confidential information and customer data whether electronic or non-electronic, network security and privacy; privacy against liability for system attacks, digital asset loss, denial or loss of service, introduction, implantation or spread of malicious software code, security breach, unauthorized access and use, including regulatory action expenses, and notification and credit monitoring expenses with at least the minimum limits listed below. Coverage must be renewed for two (2) years after completion of the Services.
Information Security/Cyber Liability Insurance. Information Security/Cyber Liability insurance written on a “claims-made” basis covering Vendor and Vendor Staff for expenses, claims and losses resulting from wrongful acts committed in the performance of, or failure to perform, all Services, including, without limitation, claims, other demands and any payments related to electronic or physical security, breaches of confidentiality and invasion of or breaches of privacy. The Information Security/Cyber Liability Insurance must include internet media liability including cloud computing and mobile devices for protection of confidential information and customer data whether electronic or non-electronic, network security and privacy; privacy against liability for system attacks, digital asset loss, denial or loss of service, introduction, implantation or spread of malicious software code, security breach, unauthorized access and use, including regulatory action expenses, and notification and credit monitoring expenses with at least the minimum limits listed below. Coverage must be renewed for two (2) years after completion of the Services. Each occurrence - $TBD Network Security/Privacy Liability - $TBD Breach Response/ Notification Sublimit - a minimum limit of fifty percent (50%) of the policy aggregate Technology Products E&O - $TBD Insurance Company Qualifications. Each company issuing policies required under Subsection 15.1. Vendor Insurance Requirements of this Amendment must: (a) be licensed to transact business in the State of Florida; and, (b) have an AM Best Financial Strength rating of “A-” or above.
Information Security/Cyber Liability Insurance. Contractor shall carry Cyber Liability Insurance with limits not less than the minimum limits listed immediately below that covers all direct and indirect damages suffered by University which are caused by Contractor’s system failure or electronic hacking that results in confidentiality or security breach(es) of Contractor’s system. The policy coverage shall be primary and non-contributory with any other insurance maintained by the State of Idaho, and shall contain a waiver of subrogation. Coverage shall be maintained in effect during the period of the Agreement and for no less than two (2) years after termination/ completion of the Agreement. Minimum Limits:
Information Security/Cyber Liability Insurance. If a data breach is possible, the CONSULTANT shall maintain information security/cyber liability insurance to include Internet Media Liability including cloud computing and mobile devices, for protection of private or confidential information whether electronic or non- electronic, network security and privacy; privacy against liability for system attacks, digital asset loss, denial or loss of service, introduction, implantation or spread of malicious software code, security breach, unauthorized access and use; including regulatory action expenses; and notification and credit monitoring expenses with at least the minimum limits listed below. - Each Occurrence – $1,000,000 - Network Security / Privacy Liability –$1,000,000 - Breach Response/ Notification Sublimit – A minimum limit of 50% of the policy aggregate - Technology Products E&O – $1,000,000 (Only applicable for Vendors supplying technology related services and or products) - Coverage shall be maintained in effect during the period of the Agreement and for no less than two (2) years after termination/ completion of the Agreement. Information Security/Cyber Liability Insurance written on a “claims-made” basis covering CONSULTANT, its employees, subcontractors and agents for expenses, claims and losses resulting from wrongful acts committed in the performance of, or failure to perform, all services under this Agreement, including, without limitation, claims, demand and any other payments related to electronic or physical security, breaches of confidentiality and invasion of or breaches of privacy. Any insurance carried by the CITY in addition to CONSULTANT’s policies shall be excess insurance, not contributory. Failure of the CITY to demand such certificate or evidence of full compliance with these insurance requirements or failure of the CITY to identify a deficiency from evidence provided will not be construed as a waiver of the CONSULTANT’s obligation to maintain such insurance. The acceptance of delivery by the CITY of any certificate of insurance evidencing the required coverage and limits does not constitute approval or agreement by the CITY that the insurance requirements have been met or the insurance policies shown in the certificates of insurance are in compliance with the requirements. If CONSULTANT fails to obtain the proper insurance policies or coverages, or fails to provide The CITY with certificates of same, the CITY may obtain such polices and coverages at CONSULTANT’s expense and dedu...
Information Security/Cyber Liability Insurance. Information Security/Cyber Liability insurance written on a “claims-made” basis covering Vendor and Vendor Staff for expenses, claims and losses resulting from wrongful acts committed in the performance of, or failure to perform, all Services, including, without limitation, claims, other demands and any payments related to electronic or physical security, breaches of confidentiality and invasion of or breaches of privacy. The Information Security/Cyber Liability Insurance must include internet media liability including cloud computing and mobile devices for protection of confidential information and customer data whether electronic or non-electronic, network security and privacy; privacy against liability for system attacks, digital asset loss, denial or loss of service, introduction, implantation or spread of malicious software code, security breach, unauthorized access and use, including regulatory action expenses, and notification and credit monitoring expenses with at least the minimum limits listed below. Coverage must be renewed for two (2) years after completion of the Services. Each occurrence - $5,000,000.00 Network Security/Privacy Liability - $5,000,000.00 Breach Response/ Notification Sublimit - a minimum limit of fifty percent (50%) of the policy aggregate Technology Products E&O - $5,000,000.00 Insurance Company Qualifications. Each company issuing policies required under Subsection 15.1. Vendor Insurance Requirements of this Amendment must: (a) be licensed to transact business in the State of Florida; and, (b) have an AM Best Financial Strength rating of “A-” or above. Defense Costs. The limits of indemnity coverage required under Subsection 15.1. Vendor Insurance Requirements of this Amendment shall not include costs incurred in defending against a claim and shall not be reduced by the payment of such costs; provided, however, that with respect to professional liability coverage as set forth in Subsection 15.1. Vendor Insurance Requirements of this Amendment, Vendor may alternatively maintain coverage with minimum limits of $2 million per claim and $4 million in the aggregate.
Information Security/Cyber Liability Insurance. Information Security/Cyber Liability insurance written on a “claims-made” basis covering Vendor and Vendor Staff for expenses, claims and losses resulting from wrongful acts committed in the performance of, or failure to perform, all Services, including, without limitation, claims, other demands and any payments related to electronic or physical security, breaches of confidentiality and invasion of or breaches of privacy. The Information Security/Cyber Liability Insurance must include internet media liability including cloud computing and mobile devices for protection of confidential information and customer data whether electronic or non-electronic, network security and privacy; privacy against liability for system attacks, digital asset loss, denial or loss of service, introduction, implantation or spread of malicious software code, security breach, unauthorized access and use, including regulatory action expenses, and notification and credit monitoring expenses with at least the minimum limits listed below. Coverage must be renewed for two (2) years after completion of the Services. Each occurrence - $1,000,000 Network Security/Privacy Liability - $1,000,000 Breach Response/ Notification Sublimit - a minimum limit of fifty percent (50%) of the policy aggregate Technology Products E&O - $1,000,000 Insurance Company Qualifications. Each company issuing policies required under Subsection 15.1. Vendor Insurance Requirements of this Amendment must: (a) be licensed to transact business in the State of Florida; and, (b) have an AM Best Financial Strength rating of “A-” or above.
Information Security/Cyber Liability Insurance. The Contractor must maintain Cyber Liability and Security Insurance covering personally identifiable information transmitted to, accessed, created, or stored within the Contractor’s computer system or within any associated third‐ party’s computer system with minimum liability limits of $5,000,000 per occurrence and provide coverage for the following risks (collectively, “cyber‐security liabilities”):
