Texas Gulf Bank sues insurers after cyber fraud claim denied

“The Insurer will not be liable to make any payment for Loss, Regulatory Correction Expense, Public Relations Expense, or Privacy Breach Response Expense in connection with any Claim, Privacy Breach Incident, or Denial of Service Attack arising out of, or in any way involving, a breach of any computer system or any communication network, other than the Company’s Computer System. The Insurer also will not be liable to make any payment for Loss, Regulatory Correction Expense, Public Relations Expense, or Privacy Breach Response Expense in connection with any Claim, Privacy Breach Incident, or Denial of Service Attack in any way relating to the unauthorized access to, or use of, login, password, access key, or other Confidential Information where such information was obtained from the Customer, or any other means under the Customer’s control, regardless of whether the information was obtained through theft, trick, artifice, fraud, or false pretenses.”