Common use of Breach Response Clause in Contracts

Breach Response. 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. To indemnify the Insured Organisation for: Business Interruption Loss that the Insured Organisation sustains as a result of a Security Breach or System Failure that the Insured first discovers during the Policy Period. Dependent Business Loss that the Insured Organisation sustains as a result of a Dependent Security Breach or a Dependent System Failure that the Insured first discovers during the Policy Period.