Network Security & Privacy Liability Sample Clauses
The Network Security & Privacy Liability clause defines the responsibilities and liabilities of a party in the event of a data breach, cyberattack, or unauthorized access to sensitive information. It typically outlines the types of incidents covered, such as the exposure of personal data or business information, and may specify the obligations for notification, remediation, and cooperation with affected parties. This clause serves to allocate risk and clarify the extent of coverage or liability in relation to cybersecurity incidents, helping both parties understand their roles and protections in the event of a network or privacy compromise.
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Network Security & Privacy Liability. Contractor shall maintain Cyber/Network Security & Privacy Liability coverage with limits of at least $1,000,000 per occurrence and $1,000,000 policy aggregate including, but not limited to, coverage for claims involving privacy violations, information theft, damage to or destruction of electronic information, intentional and/or unintentional release of private information, alteration of electronic information, extortion and network security.
Network Security & Privacy Liability. If the Work or Services under the Contract involves the rendering of IT services including, but not limited to: software, software or hardware or systems development or consulting services; internet/application services (e.g., web hosting); providing content; connections to
Network Security & Privacy Liability. Minimum limits and coverage
A. An Additional Insured endorsement naming the County of Orange, its elected and appointed officials, officers, agents, and employees as Additional Insureds for its vicarious liability.
B. A primary and non-contributory endorsement evidencing that the Contractor’s insurance is primary, and any insurance or self-insurance maintained by the County of Orange shall be excess and non-contributing. If Contractor's Network Security & Privacy Liability is a "Claims-Made" policy, Contractor shall agree to the following:
A. The retroactive date must be shown and must be before the date of the contract or the beginning of the Contract services.
B. Insurance must be maintained, and evidence of insurance must be provided for at least three (3) years after expiration or earlier termination of Contract services.
C. If coverage is canceled or non-renewed, and not replaced with another claims-made policy form with a retroactive date prior to the effective date of the contract services, Contractor must purchase an extended reporting period for a minimum of three (3) years after expiration of earlier termination of the Contract.
Network Security & Privacy Liability. $1,000,000 per claims made
A. An Additional Insured endorsement naming the County of Orange, its elected and appointed officials, officers, employees, and agents as Additional Insureds for its vicarious liability.
B. A primary and non-contributory endorsement evidencing that the Contractor’s insurance is primary, and any insurance or self-insurance maintained by the County shall be excess and non- contributing.
Network Security & Privacy Liability. (Cyber Liability) Insurance This policy provides network security liability with payment for damages and defense costs of 3rd parties from a computer attack on CHS’ network; privacy liability with coverage to pay loss from the theft or loss of personal information outside of a breach of network security due to negligence or the violation of a security protocol; crisis management or breach response with payment of costs of notification and management for individuals’ loss of personal data; and privacy regulatory proceeding coverage for defense costs resulting from civil, administrative, or regulatory proceedings that allege violation of a privacy law such as HIPAA. The policy period is 8/31/11 to 8/31/12. The policy is provided by Chartis for a limit of $10 million with a self-insured retention of $1 million. The policy number is ▇▇-▇▇▇-▇▇-▇▇. 1st excess policy with limits of $10 million is provided by Lexington through policy number 048883297. 2nd excess policy with limits of $5 million is provided by XL through policy number MT 0035648. All three policies sublimit Regulatory Expense to $2.5 million and Breach Response Expense to $2 million for total limits of $7.5 million and $6 million, respectively.
Network Security & Privacy Liability. Partner shall maintain Cyber/Network Security & Privacy Liability coverage with limits of at least $1,000,000 per occurrence and $1,000,000 policy aggregate including, but not limited to, coverage for claims involving privacy violations, information theft, damage to or destruction of electronic information, intentional and/or unintentional release of private information, alteration of electronic information, extortion and network security.