Industry Good Standard definition

Industry Good Standard means the implementation of products and solutions, and the exercise of that degree of skill, care, prudence, efficiency, foresight and timeliness as would be expected from a leading company within the relevant industry or business sector.
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Industry Good Standard means the implementation of products and solutions, and the exercise of that degree of skill, care, prudence, efficiency, foresight and timeliness as would be expected from a leading company within the relevant industry or business sector. “GSC” “GSCP” means the Government Security Classification Policy which establishes the rules for classifying HMG information. The policy is available at: xxxxx://xxx.xxx.xx/government/publications/government-security-classifications “HMG” means Her Majesty’s Government “SPF” “HMG Security Policy Framework” This is the definitive HMG Security Policy which describes the expectations of the Cabinet Secretary and Government’s Official Committee on Security on how HMG organisations and third parties handling HMG information and other assets will apply protective security to ensure HMG can function effectively, efficiently and securely. “ICT” means Information and communications technology (ICT) is used as an extended synonym for information technology (IT), used to describe the bringing together of enabling technologies used to deliver the end-to-end solution IS5 this is HMG Information Assurance Standard No. 5 - Secure Sanitisation issued by CESG “ISO/IEC 27001” “ISO 27001” is the International Standard for Information Security Management Systems Requirements “ISO/IEC 27002” “ISO 27002” is the International Standard describing the Code of Practice for Information Security Controls. “ISO 22301” is the International Standard describing for Business Continuity “IT Security Health Check” “Penetration Testing” means an assessment to identify risks and vulnerabilities in systems, applications and networks which may compromise the confidentiality, integrity or availability of information held on that IT system. “Need-to-Know” the Need-to-Know principle is employed within HMG to limit the distribution of classified information to those people with a clear ‘need to know’ in order to carry out their duties. “OFFICIAL” “OFFICIAL-SENSITIVE” the term ‘OFFICIAL’ is used to describe the baseline level of ‘security classification’ described within the Government Security Classification Policy (GSCP) which details the level of protection to be afforded to information by HMG, for all routine public sector business, operations and services. the ‘OFFICIAL–SENSITIVE’ caveat is used to identify a limited subset of OFFICIAL information that could have more damaging consequences (for individuals, an organisation or government generally) if it were ...
Sample 1

Related to Industry Good Standard

  • Good Standing means only that as of the date of this opinion the Company is up-to-date with the filing of its annual returns and payment of annual fees with the Registrar of Companies. We have made no enquiries into the Company’s good standing with respect to any filings or payment of fees, or both, that it may be required to make under the laws of the Cayman Islands other than the Companies Act.

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the exercise of the degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person or body engaged within the relevant industry or business sector;

  • Foreign entity means an entity other than a domestic entity.

  • Codes and Standards means all the applicable codes and standards as indicated in the Technical Specification.

  • Industry Code means a code approved or determined by ICRC under Part 4 of the Act;

  • Good Utility Practice means any of the practices, methods and acts engaged in or approved by a significant portion of the electric utility industry during the relevant time period, or any of the practices, methods and acts which, in the exercise of reasonable judgment in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with good business practices, reliability, safety and expedition. Good Utility Practice is not intended to be limited to the optimum practice, method, or act to the exclusion of all others, but rather is intended to include acceptable practices, methods, or acts generally accepted in the region; including those practices required by Federal Power Act Section 215(a)(4).

  • Specifications and Standards means the specifications and standards relating to the quality, quantity, capacity and other requirements for the Project Highway, as set forth in Schedule-D, and any modifications thereof, or additions thereto, as included in the design and engineering for the Project Highway submitted by the Contractor to, and expressly approved by, the Authority;

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.