Breach or Security Breach definition
Examples of Breach or Security Breach in a sentence
Notice of an actual or reasonably suspected Data Breach or Security Breach in conformance with this paragraph will also constitute notice of a circumstance that could reasonably be the basis for a Claim.
To provide Breach Response Services to the Insured Organisation because of an actual or reasonably suspected Data Breach or Security Breach that the Insured first discovers during the Policy Period.
The Named Insured will have access, via the ▇▇▇▇▇▇▇ Breach Response Services Team, to the Underwriters’ network of third party breach response service providers, products and services to respond to an actual or suspected Data Breach or Security Breach.
The Underwriters’ dedicated business unit focused exclusively on helping Insureds successfully prepare for and respond to actual or suspected Data Breaches and Security Breaches (the “▇▇▇▇▇▇▇ Breach Response Services Team”) will be available to assist the Named Insured in responding to an actual or suspected Data Breach or Security Breach.
With respect to Breach Response Costs, the Insured must notify the Underwriters of any actual or reasonably suspected Data Breach or Security Breach as soon as practicable after discovery by the Insured, but in no event later than 60 days after the end of the Policy Period.
Notwithstanding the foregoing, an actual or suspected Data Breach or Security Breach must be reported to the Underwriters in accordance with the Notice of Claim or Loss clause in order for such incident to be eligible for coverage under the Breach Response insuring agreement.
With respect to any circumstance that could reasonably be the basis for a Claim (other than a Data Breach or Security Breach noticed under the Breach Response insuring agreement) the Insured may give written notice of such circumstance to the Underwriters through the contacts listed for Notice of Claim, Loss or Circumstance in the Declarations as soon as practicable during the Policy Period.
With respect to Breach Response Services, the Insured must notify the Underwriters of any actual or reasonably suspected Data Breach or Security Breach as soon as practicable after discovery by the Insured, but in no event later than 60 days after the end of the Policy Period.
If the cessation is a result of a HIPAA Breach or Security Breach that was reported to, and deemed resolved by, NC HIEA pursuant to Section 14, the Participants involved in the HIPAA Breach or Security Breach and the cessation shall engage in the Dispute Resolution Process in Section 20 in an effort to attempt to reestablish trust and resolve any security concerns arising from the HIPAA Breach or Security Breach.
To indemnify the Insured Organisation for Breach Response Costs incurred by the Insured Organisation because of an actual or reasonably suspected Data Breach or Security Breach that the Insured first discovers during the Policy Period.