Cyber Liability Coverage Clause Samples

Cyber Liability Coverage. (if applicable) Insurance with limit no less than $1,000,000 per occurrence or claim, $2,000,000 aggregate that includes: • Security and privacy liability • Media liability • Business interruption and extra expense • Cyber extortion

Cyber Liability Coverage for losses arising out of the Consultants work or work product resulting from a network/data breach, malware infection, cyber extortion, ransomware, exposure of confidential, personally identifiable and financial information, intellectual property and other related breaches. This coverage will apply to but not limited to damages for notification cost, credit monitoring expenses, public relations expenses, computer system/software damage and related financials losses.

Cyber Liability Coverage in an amount sufficient to cover the full replacement value of damage to, alteration of, loss of, or destruction of electronic data and/or information “property” of the District that will be in the care, custody, or control of the Provider. The policy shall provide coverage for breach response costs as well as regulatory fines and penalties as well as credit monitoring expenses with limits sufficient to respond to these obligations.

Cyber Liability Coverage. (when applicable)

Cyber Liability Coverage. Provider shall maintain insurance with a $[1,000,000] per Claim/Aggregate Limit covering losses for Information Security and Privacy Liability and include City of Philadelphia, Division of Aviation (including their agents, employees, representatives, officers, directors, stockholders, members, managers and parent, subsidiary, affiliated and successor companies) as an Additional Insured for liability arising out of Provider’s acts or omissions. a. This policy shall also include coverage for Cyber Incident Response Expense, Data Restoration Expense, Cyber Extortion Expense and Regulatory Defense & Regulatory Fines and Penalties Coverage. b. If coverage is written on a Claims-made basis, the Provider warrants that any retroactive or discovery date applicable to the coverage precedes the effective date of this Contract; and that continuous coverage will be maintained for a period of at least two (2) years after final payment to report claims that are made. to the City, or to limit Provider’s liability under the Contract to the limits of the policies of insurance (or self-insurance) required to be maintained by Provider hereunder.

Cyber Liability Coverage. To the extent that the Contractor/Supplier provides software, hardware, software or system development, consulting services, Internet/Application Service Provided services (e.g., outsourced functions such as web-hosting), or any other technology service, Technology Errors & Omissions (or technology professional liability coverage) insurance, including coverage for loss or disclosure of electronic data, media and content rights infringement and liability, network security failure and software copyright infrigment liability due to the failure of the Contractor’s/Supplier’s products or services with limits of not less than $10,000,000 per occurrence. If the Contractor/Supplier has access to Confidential Information, Privacy and Network Security (sometimes otherwise known as Cyber Liability) coverage which includes providing protection against liability do (a) system attacks, (b) denial or loss of service attacks, (c) spread of malicious software code, (d) unauthorized access and use of computer systems, (e) crisis management and customer notification expenses, (f) privacy regulatory defense and penalties and

Cyber Liability Coverage. DWD requires Professional Liability (Errors and Omissions) with Cyber insurance coverage with the following minimums: five million dollars ($5,000,000.00) each occurrence or claim, and ten million dollars ($10,000,000.00) annual aggregate. Professional Liability/Privacy Liability Insurance shall cover all acts, errors, omissions, negligence, and network risks including coverage for unauthorized access, failure of security, breach of privacy perils, as well as notification costs and regulatory defense in the performance of service for the DWD and the State of Wisconsin. Such insurance shall be maintained in force at all times during the term of the Contract and for a period of three (3) years thereafter for services completed during the term of the Contract.

Cyber Liability Coverage. (when applicable) EMPLOYEE FIDELITY COVERAGE (only applicable to vendors whose employees handle funds) OTHER INSURANCE PROVISIONS

Cyber Liability Coverage. (when applicable) EMPLOYEE FIDELITY COVERAGE (only applicable to vendors whose employees handle funds) Employee Dishonesty coverage must be afforded for not less than $500,000 Blanket all employees ISO Form OTHER INSURANCE PROVISIONS