Which of the following statements is true regarding covered losses under the commercial crime coverage form?
A) Theft committed by business partners of the named insured is covered.
B) Money surrendered as a result of an extortion threat is covered.
C) A loss that results from disclosure of confidential business information, such as a patent to trade secret, is covered.
D) Liability associated with data security breaches is excluded.
ANSWER
Answer: D
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