Common use of TRADE ALLY’S SECURITY PATCH MANAGEMENT Clause in Contracts

TRADE ALLY’S SECURITY PATCH MANAGEMENT. 8.1 The Trade Ally will have Security Patch Management procedures that require prompt application of Security Patches to System Software, Applications and Electronic Information Assets in a consistent, standardized and prioritized manner based upon criticality and risk. If a Security Patch cannot be promptly applied due to requirements for testing, then effective risk mitigation controls will be implemented until such time as Security Patches can be applied.