Common use of PROFESSIONAL LIABILITY AND CYBER LIABILITY INSURANCE COVERAGE Clause in Contracts

PROFESSIONAL LIABILITY AND CYBER LIABILITY INSURANCE COVERAGE. In addition to the insurance required in Attachment C to this Contract, before commencing work on this Contract and throughout the term of this Contract, Contractor agrees to procure and maintain (a) Technology Professional Liability/ Cyber Liability insurance for any and all services performed under this Contract, with third party coverage of $5,000,000.00 per claim and $5,000,000.00aggregate including first party Breach Notification and third-party cyber liability Coverage. Further, the policy will expressly provide, but not be limited to, coverage for losses arising from the following: (a) unauthorized use/access of computer systems (including mobile devices), servers, client’s data or software; (b) defense of any regulatory action involving a breach of privacy; (c) failure to protect the confidential or proprietary information (personal and commercial information) and intellectual property from unauthorized disclosure or unauthorized access; (d) failure to adequately protect physical security of servers and systems including from cyber terrorism; (e) the costs for: notification, whether or not required by statute, credit file or identity monitoring, identity restoration, public relations or legal experts; (f) third party liability; (g) cyber extortion and cyber terrorism; and (h) no exclusion for actual or alleged breaches of professional services agreements associated with the above. Before commencing work on this Contract the Contractor must provide certificates of insurance to show that the foregoing coverages are in effect. With respect to the third-party cyber liability coverage, Contractor shall include the State of Vermont and its officers and employees as additional insureds for liability arising out of this Contract.

PROFESSIONAL LIABILITY AND CYBER LIABILITY INSURANCE COVERAGE. In addition to the insurance required in Attachment C to this Contract, before commencing work on this Contract and throughout the term of this Contract, Contractor agrees to procure and maintain (a) Technology Professional Liability/ Cyber Liability insurance for any and all services performed under this Contract, with minimum third party coverage of $5,000,000.00 1,000,000.00 per claim claim, $1,000,000.00 aggregate; Party shall maintain such professional liability insurance for a period of two years following completion of services under the Agreement. and $5,000,000.00aggregate including first party Breach Notification (b) When the Party’s performance involves hosting confidential State data, or services in or on State information technology systems where confidential State data may reside, the Party shall have and third-party maintain cyber liability Coverageand breach response insurance coverage at no less than $1,000,000 per claim, $1,000,000 aggregate. Further, the Such policy will shall expressly provide, but not be limited to, coverage for losses arising from the following: a. unauthorized use of or access to: (a) unauthorized use/access of computer systems (including mobile devices), servers, client’s data data, or software; (b) ; b. defense of any regulatory action involving a breach of privacy; (c) ; c. failure to protect the confidential or proprietary information (personal and commercial information) and intellectual property from unauthorized disclosure or unauthorized access; (d) ; d. failure to adequately protect physical security of servers and systems including from cyber terrorism; (e) ; e. the costs for: notification, notification (whether or not required by statute), credit file or identity monitoring, identity restoration, public relations relations, or legal experts; (f) third ; f. third-party liability; (g) ; g. cyber extortion and cyber terrorism; and (h) and h. no exclusion for actual or alleged breaches of professional services agreements associated with the above. Before commencing work on this Contract the Contractor must provide certificates of insurance to show that the foregoing coverages are in effect. With respect to the third-party cyber liability coverage, Contractor shall include the State of Vermont and its officers and employees as additional insureds for liability arising out of this Contract.