Common use of Security Program Overview Clause in Contracts

Security Program Overview. Broker shall develop, implement and maintain a written security program that includes administrative, technical and physical safeguards that are appropriate to the nature and scope of its activities performed for Guardian and the sensitivity of Nonpublic Information. Such safeguards shall be reasonably designed to: a. Ensure the security and confidentiality of Nonpublic Information; b. Identify and protect against threats or hazards to the security, availability or integrity of Nonpublic Information; c. Protect against and detect unauthorized access to, or use of, Nonpublic Information; and d. Comply with all legal and regulatory requirements applicable to Nonpublic Information. Broker shall utilize qualified technology and cybersecurity employees or services to undertake such responsibilities.

Appears in 2 contracts

Samples: Brokerage Agreement, Brokerage Agreement

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Security Program Overview. Broker shall develop, implement and maintain a written security program that includes administrative, technical and physical safeguards that are appropriate to the nature and scope of its activities performed for Guardian or Principal and the sensitivity of Nonpublic Information. Such safeguards shall be reasonably designed to: a. Ensure the security and confidentiality of Nonpublic Information; b. Identify and protect against threats or hazards to the security, availability or integrity of Nonpublic Information; c. Protect against and detect unauthorized access to, or use of, Nonpublic Information; and d. Comply with all legal and regulatory requirements applicable to Nonpublic Information. Broker shall utilize qualified technology and cybersecurity employees or services to undertake such responsibilities.

Appears in 2 contracts

Samples: Brokerage Agreement, Brokerage Agreement

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