Breach Response Costs definition

Breach Response Costs means the following fees, costs, charges or expenses, if reasonable and necessary, that “You” incur in responding to a “Security Breach” during the period of twelve (12) months after “You” first learn of such “Security Breach”:
Breach Response Costs means the following fees, costs, charges or expenses, if reasonable and necessary, that our “Breach Response Team” incurs in responding to a “Security Breach” or a “Cyber-Extortion Threat”, or the following costs described in subparagraphs 1 through 9 and incurred
Breach Response Costs means the reasonable and necessary amounts incurred by the Insured with Underwriters’ prior approval for Legal Services, Crisis Management Costs and Customer Notification Expenses.

Examples of Breach Response Costs in a sentence

  • Breach Response Costs means the following fees and costs incurred by the Insured Organization with the Underwriters' prior written consent in response to an actual or reasonably suspected Data Breach or Security Breach: 1.

  • 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.

  • SectionVII.C.4. covers Security and Privacy Breach Response Costs, Notification Expenses, and Support and Credit Monitoring Expenses.

  • 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.

  • Breach Response Costs do not include Your overhead expenses or any salaries, wages, fees, or benefits of Your employees.

  • Breach Response Costs have been calculated, and are shown below for purposes of the economic analysis, but are not included in the project costs.

  • To the extent that it is not reasonably possible to obtain the Insurer's prior written consent, the Insurer will retroactively and subject to the terms of this Section approve the reasonable and necessary Defence Costs and costs covered under Insuring Clause 1.9(b) (Data Breach Response Costs) and Extensions 2.3 to 2.6. This cover extension is subject to the Emergency Costs sublimit as specified in theSchedule.

  • Such Retentions shall be satisfied by monetary payments by the Named Insured of the Breach Response Costs, Cyber Extortion Costs, Data Recovery Costs, Business Interruption Loss, and Dependent Business Interruption Loss.

  • Breach Response Costs incurred by the Organization due to an actual or reasonably suspected Privacy Event or System Breach that first occurs on or after the Retroactive Date.

  • Breach Response indemnifies the “Member” Organization for Breach Response Costs incurred by the Insured Organization because of an actual or reasonably suspected Data Breach or Security Breach that the Insured first discovers during the “Policy Period”.


More Definitions of Breach Response Costs

Breach Response Costs means any reasonable and necessary costs incurred by or on behalf of the Insured for the below services:
Breach Response Costs means the following fees, costs, charges or expenses, if reasonable and necessary, that “You” incur in responding to a “Security Breach” during the period of twelve

Related to Breach Response Costs