Customer Information Security Clause Samples
The Customer Information Security clause establishes the obligations of a party to protect the confidentiality, integrity, and security of customer data. Typically, this clause requires the implementation of reasonable security measures, such as encryption, access controls, and regular monitoring, to prevent unauthorized access or data breaches. By setting clear standards for data protection, the clause helps ensure compliance with privacy laws and builds trust by safeguarding sensitive customer information.
Customer Information Security. Adherence to Standards of Protection.
Customer Information Security. Since December 31, 2022, to the Knowledge of the Company, there has been no unauthorized disclosure of, or unauthorized access to, or suspected unauthorized disclosure of, or unauthorized access to, any nonpublic personal information of a customer in the possession of the Company or any of its Subsidiaries that could result in substantial harm to such customer.
Customer Information Security. The Companies have at all times since January 1, 2010 complied in all material respects with, and to Seller’s knowledge there are no facts or circumstances which would cause the Companies to be deemed not to be in satisfactory compliance in any material respect with, the applicable privacy of customer information requirements contained in any privacy laws and regulations, including, without limitation, in Title V of the G▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act of 1999 and regulations promulgated thereunder, as well as the provisions of the information security program adopted by PR Bank pursuant to 12 C.F.R. Part 364.
Customer Information Security. Since January 1, 2013, there has been no unauthorized disclosure of, or access to, any nonpublic personal information of a customer in the possession of the Company or Bank that could result in substantial harm or inconvenience to such customer. The Company has no Knowledge of, nor has it been advised of or has any reason to believe that any facts or circumstances exist that would cause the Company or Bank to be deemed not to be in satisfactory compliance in any respect with the applicable privacy of customer information requirements contained in any federal and state privacy laws and regulations, including in Title V of the ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act of 1999, as well as the provisions of the information security program adopted by the Company and Bank pursuant to Appendix B to 12 C.F.R. Part 364.
Customer Information Security. To HRB Bank's Knowledge no facts or circumstances exist that would cause HRB Bank to be deemed not to be in satisfactory compliance in any material respect with the applicable privacy of customer information requirements contained in any applicable federal and state privacy laws and regulations, including, without limitation, in Title V of the ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act of 1999 and regulations promulgated thereunder, as well as the provisions of any information security program adopted by the Bank pursuant to 12 C.F.R. Part 170.
Customer Information Security. (a) Except as set forth in Schedule 4.16 of the Seller Disclosure Schedules, neither Sellers nor the Company are aware of, have been advised of, or have reason to believe that any facts or circumstances exist that would cause the Company or any of its Subsidiaries to be not in compliance with the applicable privacy of customer information requirements contained in any federal and state privacy Laws and regulations, including without limitation, in Title V of the ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act of 1999 and regulations promulgated thereunder, as well as the provisions of the information security program adopted by the Company or any of its Subsidiaries pursuant to applicable Law.
(b) The Company and each of its Subsidiaries has complied in all material respects and does presently comply in all material respects, with all Laws, regulations and contractual obligations applicable to its collection, use and transfer of any and all data that concerns an identified and/or identifiable person and includes, but shall not be limited to, an individual’s name, address, credit card information, email address, social security number and account information (“Personal Data”). Neither the Company nor any of its Subsidiaries collects, uses discloses or otherwise processes and has not collected, used, disclosed or otherwise processed, any Personal Data that it has received or currently receives in connection with the operation of its business in any manner that (i) violates applicable Law, (ii) violates any privacy policies of the Company or any of its Subsidiaries, (iii) violates any contractual obligations applicable to the Company or any of its Subsidiaries or (iv) violates or infringes any individual’s privacy rights. The Company and each of its Subsidiaries (A) is not subject to any contractual requirements, privacy policies or other legal obligations that, following Closing, would prohibit Buyer from receiving and using any of the Personal Data and (B) has security measures in place to protect all Personal Data under its control or in its possession designed to protect such Personal Data from unauthorized access by any persons. Neither the Company nor any of its Subsidiaries has suffered any breach in security that has permitted any unauthorized access to the Personal Data under the Company’s control or possession.
(c) The Company and each of its Subsidiaries has required, in accordance with applicable Law or contractual obligations, and does presently require, all third partie...