Common use of Security Breaches Clause in Contracts

Security Breaches. Broadridge and Ridge shall promptly provide Xxxxxx or Client, as applicable, with notice of any breach of data security involving Xxxxxx or Client files or Information, as applicable, in the possession of Broadridge or Ridge or any of their Affiliates or subcontractors and shall at its cost and expense (1) investigate and respond to, and remediate the effects of, the security breach in accordance with applicable Laws and Broadridge’s and Ridge’s policies and procedures, and using commercially reasonable efforts, (2) provide Xxxxxx and Client with assurance reasonably satisfactory to such other party that such breach or intrusion shall not recur, (3) promptly furnish to Xxxxxx and Client full details that Broadridge or Ridge has or may obtain regarding such unauthorized access and use reasonable efforts to assist Xxxxxx and Client in investigating or preventing the reoccurrence of any such access and (4) cooperate with Xxxxxx and Client in any litigation and investigation against third parties deemed reasonably necessary by Xxxxxx and Client to protect its rights.

Appears in 5 contracts

Samples: Master Services Agreement, Master Services Agreement (Broadridge Financial Solutions, Inc.), Master Services Agreement (Penson Worldwide Inc)

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