Common use of Computer Fraud Clause in Contracts

Computer Fraud. This coverage is extended to pay an amount, not exceeding Five Thousand Dollars ($5,000) in any one loss or series of losses arising out of any one occurrence, for loss due to Computer Fraud. For the purposes of this Form, Computer Fraud shall mean loss of money or property caused by the fraudulent input of electronic data, or the fraudulent modification or erasure of electronic data.