Orange County NC Website
Browse       Search
DocuSign Envelope ID:24BBAFA9-CD81-4144-ACEF-E9036E703739 <br /> Dependent Business Loss will not include (i) loss arising out of any liability to any third <br /> party; (ii) legal costs or legal expenses; (iii) loss incurred as a result of unfavorable <br /> business conditions; (iv) loss of market or any other consequential loss; (v) Business <br /> Interruption Loss; or(vi) Data Recovery Costs. <br /> Dependent Security Breach means a failure of computer security to prevent a breach of <br /> computer systems operated by a Dependent Business. <br /> Dependent System Failure means an unintentional and unplanned interruption of computer <br /> systems operated by a Dependent Business. <br /> Dependent System Failure will not include any interruption of computer systems <br /> resulting from (i) a Dependent Security Breach, or (ii) the interruption of computer <br /> systems that are not operated by a Dependent Business. <br /> Digital Currency means a type of digital currency that: <br /> 1. requires cryptographic techniques to regulate the generation of units of currency <br /> and verify the transfer thereof; <br /> 2. is both stored and transferred electronically; and <br /> 3. operates independently of a central bank or other central authority. <br /> Extortion Payment means Money, Digital Currency, marketable goods or services demanded <br /> to prevent or terminate an Extortion Threat. <br /> Extortion Threat means a threat to: <br /> 1. alter, destroy, damage, delete or corrupt Data; <br /> 2. perpetrate the Unauthorized Access or Use of Computer Systems; <br /> 3. prevent access to Computer Systems or Data; <br /> 4. steal, misuse or publicly disclose Data, Personally Identifiable Information or <br /> Third Party Information; <br /> 5. introduce malicious code into Computer Systems or to third party computer <br /> systems from Computer Systems; or <br /> 6. interrupt or suspend Computer Systems; <br /> unless an Extortion Payment is received from or on behalf of the Insured <br /> Organization. <br /> Extra Expense means reasonable and necessary expenses incurred by the Insured <br /> Organization during the Period of Restoration to minimize, reduce or avoid Income Loss, over <br /> and above those expenses the Insured Organization would have incurred had no Security <br /> Breach, System Failure, Dependent Security Breach or Dependent System Failure occurred. <br /> Financial Institution means a bank, credit union, saving and loan association, trust company or <br /> other licensed financial service, securities broker-dealer, mutual fund, or liquid assets fund or <br /> similar investment company where the Insured Organization maintains a bank account. <br /> F00731 <br /> 022019 ed. Page 7 of 24 <br />