Risks, Liability and the Measures for Securing Information Sample Clauses

Risks, Liability and the Measures for Securing Information. 8.10.1 The systems, by virtue of the fact that they are based on software, hardware, and communication networks, are exposed to the risks inherent to such systems, including damage-causing software (viruses, Trojan horses etc...), eavesdropping on the communication lines, infiltration by hostile parties, sites holding themselves out to be the Bank’s site or any of the systems, and other online types of fraud, disruption in the operation of the systems, and/or the reaction time thereof, non-availability of the systems and/or one of their services (when in none of the events an alternative channel is available to the customers to effect the transaction) and the results thereof. The Bank is investing considerable effort in providing protection against these risks, but nonetheless, hermetic sealing is not possible, and damage and/or loss may result from the realization of any such risk, including the disclosure and/or disruption of the information transmitted and/or presented in the systems, and/or non-timeliness thereof, disruption of instructions/requests, unauthorized operations, disruptions of the systems’ operation and/or in the reaction time thereof, including the failure to implement, erroneous implementation and/or late implementation of an instruction/request The matters particularly emphasized during the use of the systems and/or the components thereof are not in the control of the Bank. In order to reduce the risk, the customers must ensure information security, as set forth below. 8.10.2 When using the systems, and when applying to a technical support center, the customers are responsible for exercising information security and identification measures as set forth in instructions furnished by the Bank to the customers from time to time. The customers undertake to maintain absolute confidentiality and exclusive possession in respect of codes and/or subscriber numbers and/or passwords and/or PINs (personal identification numbers) and/or private and public keys and the like, including the physical means on which they are recorded and other physical means used for identification and/or information security in the systems (hereinafter referred to as “information security measures”) and to keep them inaccessible to others. If the customers use the system through persons authorized to use the systems on their behalf, who are registered in the Bank (hereinafter in this clause 8 called the “Authorized Representatives”) then the Customers undertake to bring ...
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