Common use of Reimbursement of Expenses Associated with Security Breach Clause in Contracts

Reimbursement of Expenses Associated with Security Breach. a. In the event of a Security Breach that is attributable to the Provider, the Provider shall reimburse and indemnify the LEA for any and all reasonable costs and expenses that the LEA incurs in investigating and remediating the Security Breach, including but not limited to costs and expenses associated with: i. Providing notification to the parents of those students whose Student Data was compromised and regulatory agencies or other entities as required by law or contract; ii. Providing credit monitoring to those students whose Student Data was exposed in a manner during the Security Breach that a reasonable person would believe may impact the student's credit or financial security; iii. Reasonable legal fees, audit costs, fines, and any other fees or damages imposed against the LEA as a result of the Security Breach; and iv. Providing any other notifications or fulfilling any other requirements adopted by the Illinois State Board of Education or under other State or federal laws. b. In the event of a Security Breach that is attributable to the LEA, the LEA shall reimburse the Company for any and all reasonable costs and expenses that the Company incurs in investigating and remediating the Security Breach, including but not limited to costs and expenses associated with reasonable legal fees, audit costs, and any other fees or damages sustained by the Company as a result of the Security Breach