Terms starting with S
Supply Chain Attacks represent a sophisticated cyber threat that targets vulnerabilities in the supply chain network of an organization. The definition of Supply Chain Attacks encompasses the series of malicious...
Security Operations, often abbreviated as SecOps, encompasses the collective procedures, practices, and tools designed to proactively monitor, assess, and defend the information technology (IT) infrastructure of an organization against cyber...
Secrets Sprawl refers to the uncontrolled distribution and proliferation of sensitive information, such as passwords, API keys, SSL certificates, and other credentials, across an IT environment. This phenomenon occurs when...
Sub-Limits, in the context of insurance, refer to the specified caps within an insurance policy that limit the amount of coverage available for specific types of losses or claims, which...
The term Senior Executive Officer (SEO) may refer to a high-ranking executive in a company, organization, or government body who oversees the overall operations of the entity. It is a...
Social Inflation is a term that may refer to the rising cost of insurance claims due to increased litigation, jury awards, and settlements. It is a phenomenon that has been...
The term Special Investigative Unit (SIU) may refer to a number of different investigative entities, ranging from government agencies to private companies. In the most general sense, an SIU is...
Subrogation is a fundamental concept in insurance law, playing a pivotal role in the claims process. The definition of 'Subrogation' involves an insurance company stepping into the shoes of the...
A subsidiary, in the context of business and insurance, refers to a company that is owned either wholly or partially by another corporation, known as the parent company. The definition...
Special Perils in insurance terminology refers to a set of specific risks or hazards that an insurance policy covers. The definition of 'Special Perils' typically includes extraordinary or less common...
Social Engineering Fraud is a type of fraud that involves manipulating people into revealing confidential information or performing certain actions. It is a form of cybercrime that uses social engineering...
Speculative Risks may refer to risks that are taken with the potential for either profit or loss. In practical terms, these are risks that are taken with the intent of...
Startup Risks is a term that may refer to the various risks associated with starting up a business. These risks may include financial, operational, legal, and personnel risks, among others.
Security Threats, by definition, are any type of malicious activity or attack that could potentially cause harm or damage to an organization, its data or its personnel. Security threats may...
In the intricate landscape of insurance, particularly when dealing with Directors and Officers (D&O) policies, the term Side A Difference-in-Conditions (DIC) emerges as a crucial concept. At its core, Side...
Additional Side A Coverage is a term that may refer to a form of Directors and Officers (D&O) insurance that is designed to provide additional coverage beyond the traditional D&O...
Settlement Costs may refer to the expenses incurred by the insurer in closing a claim or dispute. The term 'settlement costs' can refer to any costs associated with the conclusion...
Severability is a legal concept that may refer to the ability to separate a single contract or statute into multiple parts. It is often used when one or more of...
Securities Class Action (SCA) is a legal action that may refer to a lawsuit brought by investors on behalf of themselves and other members of a class of people who...
Securities claims may refer to a set of legal rights which are held by the owner of a security. These rights may include the right to receive principal and interest...
Shareholder Derivative Suit may refer to a legal claim brought by a shareholder on behalf of a corporation against a third party. This type of lawsuit is typically initiated when...
Settlement Clause is a term that may refer to a clause in a Directors and Officers (D&O) insurance policy that outlines when and under what conditions the insurer is allowed...