Common use of NETWORK SECURITY AND PRIVACY LIABILITY Clause in Contracts

NETWORK SECURITY AND PRIVACY LIABILITY. Coverage with limits of at least $10,000,000 per claim and in the aggregate including: (a) Coverage for loss or disclosure of electronic data, media and contents rights, software copyright infringement, and network security failure; and (b) Privacy and Network Security/Cyber Liability including coverage providing protection against liability for (i) systems attacks, (ii) denial or loss of service, (iii) attacks or spread of malicious software code, (iv) unauthorized access and use of Buyer’s systems and (v) liability arising from the loss or disclosure of Buyer’s electronic data or information.