Common use of Information Security Safeguards Clause in Contracts

Information Security Safeguards. Bank has established, and during the term of this Agreement Bank shall maintain, a Corporate Information Security Program (the “Information Security Program”) at each applicable service location. The Information Security Program shall, at a minimum, require physical and electronic information security safeguards against the loss, theft, damage, compromise, processing, transmission, storage, destruction and unauthorized disclosure of, and unauthorized access to, Customer Information in the possession of Bank. Bank will use commercially reasonable efforts to update the Information Security Program, at a minimum, as may be reasonably necessary to comply with changes in privacy and other similar laws applicable to Bank that become effective after the date of this Agreement. The Information Security Program is subject to change; provided, however, that the protections afforded by the Information Security Program will be not be diminished in comparison with those provided by Bank as of the execution of this Agreement.