Breach Costs definition

Breach Costs means the remediation costs arising solely out of a breach of a representation or warranty of the Seller made herein.
Sample 1
Breach Costs means Notification Expenses, Monitoring Expenses and Investigation Expenses.
Sample 1
Breach Costs means the following reasonable and necessary expenses incurred by the Named Insured Member with respect to a Cyber Event and with the prior written consent of the Insurer; provided that if services are recommended by the Cyber Response Team shown in Item 11. of the Certificate of Coverage, and the Named Insured Member agrees to utilize the applicable vendors nominated by the Cyber Response Team, then prior consent of the Insurer shall not be required:
Sample 1

Examples of Breach Costs in a sentence

  • The company estimated the cost of the breach at $171 million (Larry Dignan, “Sony’s Data Breach Costs Likely to Scream Higher,” Between the Lines, April 24, 2011,http://www.zdnet.com/blog/btl/sonys-data-breach-costs-likely-to-scream-higher/ 49161).

  • If so, the Contractor is liable to VA for liquidated damages in the event of a data breach involving any VA sensitive personal information the Contractor/Subcontractor processes or maintains under the contract as set forth in clause 852.211-76, Liquidated Damages - Reimbursement for Data Breach Costs.

  • Sharon Gaudin, Breach Costs Soar at TJX, Information Week, May 21, 2007, p.

  • If so, the Contractor is liable to VA for liquidated damages in the event of a data breach involving any VA sensitive personal information the Contractor/Subcontractor processes or maintains under the contract as set forth in clause 852.211–76, Liquidated Damages—Reimbursement for Data Breach Costs.

  • For more on this, see Ryan Tracy, “In a Cyber Breach, Who Pays, Banks or Retailers?; The Theft of Personal and Card Data at Target Has Rekindled Debate,” Wall Street Journal, January 12, 2014, at http://online.wsj.com/news/ articles/SB10001424052702303819704579316861842957106 and Tom Webb, “Analysts See Target Breach Costs Topping $1 Billion,” St. Paul Pioneer Press, February 21, 2014, at http://www.twincities.com/business/ci_25029900/ analyst-sees-target-data-breach-costs-topping-1.

  • Nicholas Ballasy, “Home Depot Breach Costs CUs $60 M,” Credit Union Times, October 30, 2014, http://www.cutimes.com/2014/10/30/home-depot-breach-costs-cus-60m.

  • Hence we assume the resurgence as an Ansats, and consider the resulting geometric issues.

  • The Company shall reimburse the "Insured", subject to the applicable Limits of Liability shown in the Schedule above for the "Privacy Breach Costs" in excess of the applicable deductible shown in the Schedule above that the "Insured" incurs that directly result from a "Privacy Event", provided such "Privacy Event" first occurs on or after the Retroactive Date and before the end of the "Certificate Period" and is reported to us during the "Policy Period".

  • The foster mother pleaded guilty to the manslaughter of T and was sentenced in April 2016 to a term of imprisonment.

  • If You Have to Ask How Much a Data Breach Costs, You Can't Afford One, Adam Levin, Inc., August 19, 2019 REVIEW REPORTSAccess to Information and Protection of Privacy Act Eighteen Review Reports were issued under the Access to Information and Protection of Privacy Act in 2018/2019.


More Definitions of Breach Costs

Breach Costs means the following reasonable and necessary expenses incurred by the Insured Member with respect to a Cyber Event with the prior written consent of the Insurer and by vendors from the Insurer’s panel vendors or by vendors otherwise approved by the Insurer:
Sample 1
Breach Costs means any of the following reasonable and necessary costs You incur with Our prior written consent in response to a Breach that triggers Your notification obligations pursuant to any federal, state, local or foreign statute, rule or regulation or that You satisfy Us poses a significant risk of financial, reputational or other harm to affected Data Subjects:
Sample 1
Breach Costs mean all money damages resulting from a willful and material breach of the Agreement or Fraud by Parent or Purchaser which occurs prior to a termination of the Agreement.
Sample 1

Related to Breach Costs

  • Attorneys’ Fees and Costs means: (i) fees and out of pocket costs of Lender’s and Loan Servicer’s attorneys, as applicable, including costs of Lender’s and Loan Servicer’s in-house counsel, support staff costs, costs of preparing for litigation, computerized research, telephone and facsimile transmission expenses, mileage, deposition costs, postage, duplicating, process service, videotaping and similar costs and expenses; (ii) costs and fees of expert witnesses, including appraisers; (iii) investigatory fees; and (iv) costs for any opinion required by Lender pursuant to the terms of the Loan Documents.

  • Attorneys’ Fees means the full and actual cost of any legal services actually performed in connection with the matter involved calculated on the basis of the usual fee charged by the attorney performing such services and shall not be limited to "reasonable attorneys' fees" as defined in any statute or rule of court.

  • Other Costs Defined in Section 13.9(c).

  • Attorneys’ Fees and Expenses means such funds as may be awarded to Class Counsel by the Court to compensate them (and all other attorneys for Plaintiff or the Settlement Class) for their fees and all expenses incurred by Plaintiff or Class Counsel in connection with the Litigation.

  • Damages means any loss, claim, damage, liability, costs and expenses (including, without limitation, reasonable attorney's fees and disbursements and costs and expenses of expert witnesses and investigation).

  • Labor costs means total compensation of all employees, not to include compensation paid

  • Punitive Damages are those damages awarded as a penalty, the amount of which is neither governed nor fixed by statute.

  • Breach of Agreement provisions of Section 5(a)(ii) will apply to Party A and will not apply to Party B.

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

  • Indemnified Costs has the meaning specified in Section 8.05(a).

  • Defense Costs has the meaning set forth in Section 13.

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.

  • Consequential Damages means Losses claimed to have resulted from any indirect, incidental, reliance, special, consequential, punitive, exemplary, multiple or any other Loss, including damages claimed to have resulted from harm to business, loss of anticipated revenues, savings, or profits, or other economic Loss claimed to have been suffered not measured by the prevailing Party’s actual damages, and any other damages typically considered consequential damages under Applicable Law, regardless of whether the Parties knew or had been advised of the possibility that such damages could result in connection with or arising from anything said, omitted, or done hereunder or related hereto, including willful acts or omissions.

  • Criminal proceeding means a proceeding instituted by means of the swearing of an information, the laying of a charge or the return of an indictment, before a Court of competent jurisdiction in Canada with jurisdiction to hear and determine the charges referred to therein, alleging or charging that the "Insured" has contravened the provisions of any Provincial or Federal statute, including the Criminal Code, R.S.C. 1985 ch. C-46 as amended, which creates an offence or crime and which provides for conviction thereunder, whether by way of summary conviction or indictment, and as a result of which the "Insured" is liable to be convicted, fined or sentenced to some form of imprisonment or other punishment.

  • Claim Expenses means reasonable documented attorneys’ fees and all other reasonable documented out-of-pocket costs, expenses and obligations (including experts’ fees, travel expenses, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim, including any Action relating to a claim for indemnification or advancement brought by an Indemnified Party as contemplated in Section 7.5.

  • Legal Costs of a person means legal costs incurred by that person in defending an action for a Liability of that person.

  • Breach of Duty means the Director or Officer breached or failed to perform his or her duties to the Corporation and his or her breach of or failure to perform those duties is determined, in accordance with Section 8.04, to constitute misconduct under Section 180.0851 (2) (a) 1, 2, 3 or 4 of the Statute.

  • Actual Damages has the meaning set forth in Section 12.4(C).

  • Breach of Contract means the failure of a Party to perform any of its obligations in accordance with this Contract, in whole or in part or in a timely or satisfactory manner. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach. If Contractor is debarred or suspended under §24-109-105, C.R.S. at any time during the term of this Contract, then such debarment or suspension shall constitute a breach.

  • Environmental Damages means all claims, judgments, damages, losses, penalties, fines, liabilities, encumbrances, liens, costs and expenses of investigation and defense of any claim, including, without limitation, attorney’s fees, that are incurred at any time as a result of the existence of Environmental Conditions upon, about or beneath the Project Site or migrating or threatening to migrate to or from the Site, and including, without limitation:

  • Delay Damages means the damages assessed pursuant to Section 3.2(a) hereof.

  • Default Costs means reasonable attorney's fees and remarketing costs resulting from a Lessee default or Lessor's enforcement of its remedies. DELIVERY DATE - means date of delivery of Inventory Equipment to Lessee's address.

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • prevailing party means the party which obtains the principal relief it has sought, whether by compromise settlement or judgment. If the party which commenced or instituted the action, suit or proceeding shall dismiss or discontinue it without the concurrence of the other party, such other party shall be deemed the prevailing party.

  • Special Damages shall have the meaning as set forth in Section 5.07.