Coverage granted under Breach Event Costs and Claims Expenses
The Insured, who provides a peer-to-peer platform which allows individuals to lend money, discovered that the email account of an employee of the Insured’s finance team was compromised through a suspected phishing attack.
Coverage granted under Breach Event Liability
A class action was filed against the Insured for alleged violation of the Telephone Consumer Protection Act after no consent was given to be contacted via telephone
Coverage granted under Privacy Breach Response, Customer Notification and Crisis Management
The Insured school reported to Underwriters that they had discovered malware which had been installed on the School’s Domain Name System (DNS) Server