Common use of Data and Systems Security Clause in Contracts

Data and Systems Security. Member agrees to implement and maintain appropriate security measures to safeguard the security of images and data in Member’s possession or control from unauthorized access or disclosure. In no event shall Member take precautions any less stringent than those employed to protect its own proprietary and confidential information. On request, Member shall provide Credit Union with information regarding Member's internal controls and security procedures. If Credit Union believes that Member's controls, security measures, and procedures are inadequate to safeguard the item images and data maintained by Member, Credit Union may require Member to establish additional controls, security measures, and procedures. Member agrees to indemnify, defend, and hold Credit Union harmless from and against any disclosure of or unauthorized access to any other party’s confidential information (such as checking account number and financial institution) maintained by Member. Member agrees to notify Credit Union of any such disclosure, or of any penetration of Member's systems or information security measures by unauthorized parties.

Appears in 5 contracts

Samples: Mobile Deposit Service Agreement, Mobile Deposit Service Agreement, Online and Mobile Banking Agreement and Disclosure

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Data and Systems Security. Member agrees to implement and maintain appropriate security measures to safeguard the security of images and data in Member’s possession or control from unauthorized access or disclosure. In no event shall Member take precautions any less stringent than those employed to protect its own proprietary and confidential information. On request, Member shall provide Credit Union with information regarding Member's ’s internal controls and security procedures. If Credit Union believes that Member's ’s controls, security measures, and procedures are inadequate to safeguard the item images and data maintained by Member, Credit Union may require Member to establish additional controls, security measures, and procedures. Member agrees to indemnify, defend, and hold Credit Union harmless from and against any disclosure of or unauthorized access to any other party’s confidential information (such as checking account number and financial institution) maintained by Member. Member agrees to notify Credit Union of any such disclosure, or of any penetration of Member's ’s systems or information security measures by unauthorized parties.

Appears in 1 contract

Samples: Electronic Funds Transfer Agreement

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