Common use of Information Security Incident Notification Clause in Contracts

Information Security Incident Notification. In the event of any breach or cybersecurity incident impacting Agent that has a reasonable likelihood of resulting in the loss or unauthorized access, use, or disclosure of PII or otherwise prevents Agent from complying with all of the privacy and security requirements set forth in this Agreement or applicable laws and regulations (“Security Incident”), Agent will, at its sole expense (i) immediately (and in any event within 24 hours after Agent, or its affiliate or subcontractor learns of an data breach or suspected data breach report such incident to Company by sending an email to XX-XX-XXXXXxxxxxxxx@xxxx.xxx, summarizing in reasonable detail the effect on Company or Company Affiliates, if known, and designating a single point of contact at Agent who will be available to Company 24x7 for information and assistance related to the Information Security Incident; Agent hereby certifies to Company that it understands the restrictions and obligations set forth in this Section and will ensure that Agent and anyone acting on Agent’s behalf comply with the same. As needed to comply with applicable laws and regulations concerning the processing of PII or personal information security, or to the extent required by any changes in such laws or the enactment of new laws, the Parties agree to work cooperatively and in good faith to amend this Agreement in a mutually agreeable and timely manner, or to enter into further mutually agreeable agreements in an effort to comply with any such laws applicable to the Parties. If the Parties cannot so agree, or if Agent cannot comply with the new or additional requirements, Company may terminate this Agreement upon written notice to Agent.

Information Security Incident Notification. In the event of any breach or cybersecurity incident impacting Agent that has a reasonable likelihood of resulting in the loss or unauthorized access, use, or disclosure of PII or otherwise prevents Agent from complying with all of the privacy and security requirements set forth in this Agreement or applicable laws and regulations (“Security Incident”), Agent will, at its sole expense (i) immediately (and in any event within 24 hours after Agent, or its affiliate or subcontractor learns of an data breach or suspected data breach report such incident to Company by sending an email to XX-XX-XXXXXxxxxxxxx@xxxx.xxxXXXXXxxxxxxxxxxXxxxxxxx@xxxx.xxx, summarizing in reasonable detail the effect on Company or Company Affiliates, if known, and designating a single point of contact at Agent who will be available to Company 24x7 for information and assistance related to the Information Security Incident; Agent hereby certifies to Company that it understands the restrictions and obligations set forth in this Section and will ensure that Agent and anyone acting on Agent’s behalf comply with the same. As needed to comply with applicable laws and regulations concerning the processing of PII or personal information security, or to the extent required by any changes in such laws or the enactment of new laws, the Parties agree to work cooperatively and in good faith to amend this Agreement in a mutually agreeable and timely manner, or to enter into further mutually agreeable agreements in an effort to comply with any such laws applicable to the Parties. If the Parties cannot so agree, or if Agent cannot comply with the new or additional requirements, Company may terminate this Agreement upon written notice to Agent.

Information Security Incident Notification. In the event of any breach or cybersecurity incident impacting Agent that has a reasonable likelihood of resulting in the loss or unauthorized access, use, or disclosure of PII or otherwise prevents Agent from complying with all of the privacy and security requirements set forth in this Agreement or applicable laws and regulations (“Security Incident”), Agent will, at its sole expense (i) immediately (and in any event within 24 hours after Agent, or its affiliate or subcontractor learns of an data breach or suspected data breach report such incident to the Company by sending an email to XX-XX-XXXXXxxxxxxxx@xxxx.xxxXX-XX-XXXXXxxxxxxxx@xxxx.xxx or any more current address which may be made available, summarizing in reasonable detail the effect ettect on the Company or Company Affiliates, if known, and designating a single point of contact at Agent who will be available to the Company 24x7 for information and assistance related to the Information Security Incident; Agent hereby certifies to the Company that it understands the restrictions and obligations set forth in this Section and will ensure that Agent and anyone acting on Agent’s behalf comply with the same. As needed to comply with applicable laws and regulations concerning the processing of PII or personal information security, or to the extent required by any changes in such laws or the enactment of new laws, the Parties agree to work cooperatively and in good faith to amend this Agreement in a mutually agreeable and timely manner, or to enter into further mutually agreeable agreements in an effort ettort to comply with any such laws applicable to the Parties. If the Parties cannot so agree, or if Agent cannot comply with the new or additional requirements, the Company may terminate this Agreement upon written notice to Agent.