CIVIC PLUS (CIVICREC)-2017 - Laserfiche WebLink

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Computer Violation means the unauthorized entry into, or transmission of corrupting or harmful software code into the Insured's Computer System which is directed against an Insured. Cryptocurrency means a digital or electronic medium of exchange, operating independently of a central bank, in which encryption techniques are used to regulate the generation of units and to verify the transfer of such units. Discovery or Discovered means knowledge acquired by a Control Group Member of an Insured which would cause a reasonable person to believe a covered loss has occurred or an occurrence has arisen that may subsequently result in a covered loss. This includes loss: 1. sustained prior to the inception date of any coverage under this endorsement; which does not exceed the Retention set forth in in Item 4. of the Declarations; or 3. the exact amount or details of which are unknown. Employee means any natural person in the regular service of an Insured in the ordinary course of such Insured's business, whom such Insured governs and directs in the performance of such service, including a part-time, seasonal, leased and temporary employee, intern or volunteer. Any natural person that otherwise meets the foregoing definition shall be considered an Employee even if such person's title is that of partner, principal, director, officer, or if such person is a Control Group Member. Funds Transfer Fraud means fraudulent electronic, telegraphic, cable, teletype, facsimile, telephone or written instructions (other than forgery), purportedly issued by an Insured, and issued to a financial institution directing such institution to transfer, pay or deliver Money or Securities from any account maintained by such Insured at such institution, without such Insured's knowledge or consent. Money means currency, coin, bank notes and bullion. However, Money does not mean Securities or any Cryptocurrency. Official Authorization means a valid signature of an actual Employee or an electronic record of entry and approval into a wire transfer system, accounting system, or similar system which is capable of maintaining and reproducing an audit trail which demonstrates that an actual Employee approved a transaction within their authority. A forgery is not an Official Authorization. Official Authorization shall not include a typed name in any form (including but not limited to email, letterhead or pre-printed material), but shall include electronic reproductions of hand-written signatures in any form. Property means any tangible property other than Money and Securities. Property does not include Digital Data. Securities means negotiable and nonnegotiable instruments or contracts representing either Money or property including revenue and other stamps (whether represented by actual stamps or unused value in a meter) in current use, casino chips, tokens and tickets, provided that Securities does not include Money or any Cryptocurrency. Social Engineering Fraud means the intentional misleading of an Employee, through misrepresentation of a material fact which is relied upon by an Employee, believing it be genuine which results in the transferring, payment or delivery of Money or Securities. Vendor means any entity or natural person that has provided goods or services to an Insured under a legitimate pre-existing arrangement or written agreement. However, Vendor does not include any financial institution, asset manager, broker -dealer, armored motor vehicle Insurer, or any similar entity. 4. The definition of Insured set forth in Section II, DEFINITIONS, is deleted and replac Rifil Muagmati Dhisim FhmEwm & AWROVED BY: Insured means the Named Insured and its Subsidiaries. 7 PF-48257 (o9/18) Rik K.—g—EC1ei-[Aide