Common use of Cyber Extortion Clause in Contracts

Cyber Extortion. The Insurer will reimburse, or pay on behalf of, the Insured for Cyber Extortion Costs, resulting from a Cyber Extortion Threat that is Discovered during the Policy Period.

Cyber Extortion. The Insurer will reimburse, or pay on behalf of, the Insured for Cyber Extortion Costs, resulting from a Cyber Extortion Threat that is Discovered during the Policy Period. Data Restoration. The Insurer will reimburse, or pay on behalf of, the Insured for Restoration Costs, directly caused by a Security Breach that is Discovered during the Policy Period.