Terms starting with S
Supplemental Payments in the context of insurance, may refer to additional costs that are covered by an insurer over and above the basic policy limits. These payments are part of...
Software-as-a-Service (SaaS) Liability may refer to the legal and financial responsibilities borne by providers of software-as-a-service platforms. In the context of commercial insurance, the definition encompasses the risks associated with...
Smart Contract Liability refers to the legal responsibilities and potential risks associated with the execution and operation of smart contracts. A smart contract is a self-executing contract with the terms...
System Downtime Coverage is a specific type of insurance coverage designed to protect businesses against financial losses that occur due to the unexpected unavailability or malfunctioning of critical IT systems...
Service Interruption Insurance is a specialized form of coverage designed to protect businesses against losses that may occur when essential services are disrupted. This type of insurance is particularly crucial...
Source Code Escrow is a service primarily used in the realm of software development and licensing. This arrangement involves the deposit of the source code of software with a third-party...
Source code theft refers to the unauthorized acquisition, copying, or use of a software's source code without the permission of the rightful owner. This term may refer to various illicit...
Service Level Agreement (SLA) is a formal document that defines the level of service expected from a service provider. The definition of an SLA typically includes specific metrics by which...
Software Failure refers to the malfunction or underperformance of a software program or system, which fails to execute its intended functions or produces incorrect results. This type of failure can...
Software Development Errors may refer to mistakes or oversights made during the process of creating and maintaining software applications. These errors can arise from various stages of software development including...
Service Deficiency refers to a situation where the level or quality of service provided falls below the accepted or expected standards. This term is commonly used in various industries, including...
Subrogation Waiver is a term frequently encountered in insurance contracts, particularly in the realms of property and casualty insurance. The definition of subrogation waiver revolves around the relinquishment by an...
Settlements and damages refer to two primary methods of resolving legal disputes and compensating for harm or loss. This term may refer to the financial payments and agreements that arise...
Software piracy is the unauthorized copying, distribution, or use of software in violation of its license agreement or copyright. The definition of software piracy encompasses a wide range of activities...
A Software Agent refers to a computer program that performs automated tasks, acting on behalf of a user or other programs with some level of autonomy. The definition of a...
S1 Filing may refer to the filing of a Form S-1 with the U.S. Securities and Exchange Commission (SEC). Form S-1 is a registration statement used by companies that are...
SIEM Cyber Security stands for Security Information and Event Management in the field of cyber security. This term refers to the integrated approach that combines security information management (SIM) and...
Security Risk Management is a critical aspect of organizational governance that involves the identification, assessment, and prioritization of risks to security followed by coordinated and economical application of resources to...
Sensitive Data refers to any information that must be protected from unauthorized access due to its confidential, private, or proprietary nature. The definition of Sensitive Data encompasses a wide range...
A SOC Audit, short for Service Organization Control Audit, represents a critical framework for assessing and verifying the effectiveness of a service organization's controls relating to operations and compliance. The...
The Severability of Interests Clause is a provision in an insurance contract that may refer to the fact that the interests of two or more parties in a contract are...
Security Misconfigurations represent one of the most common vulnerabilities in the realm of cybersecurity, stemming from improper setup or lack of appropriate security controls within an organization’s software or hardware...