Information System Controls Clause Samples
The Information System Controls clause establishes requirements for the implementation and maintenance of technical and organizational safeguards to protect information systems. Typically, this clause mandates that parties use industry-standard security measures, such as access controls, encryption, and regular system monitoring, to prevent unauthorized access or data breaches. Its core function is to ensure the confidentiality, integrity, and availability of sensitive data, thereby reducing the risk of cyber threats and ensuring compliance with relevant data protection regulations.
Information System Controls. To minimize operational risk, information systems controls will be established and implemented with the following design feature requirements:
a. Information systems will be developed and implemented to adequately document, record and measure all of NJNG’s business transactions and forward commitments.
b. Data access will be controlled and security procedures will be implemented to properly control data access and update capabilities.
c. Contingency plans will be established with detailed procedures for backup (timely, adequate, off-site rotation to secure location, etc.) of mission-critical applications.
Information System Controls. To minimize operational risk, information systems controls have been established and implemented with the following design feature requirements:
a. Information systems will be developed and implemented to adequately document, record and measure all of the Company’s business transactions and forward commitments.
b. Data access will be controlled and security procedures will be implemented to properly control data access and update capabilities.
c. Information systems will have defined security roles such that only authorized personnel will be allowed to input and modify trades.
d. Contingency plans will be established with detailed procedures for backup (timely, adequate, off- site rotation to secure location, etc.) of mission-critical applications. Currently the contingency plan is for personnel to operate from their home or the Houston office.