CONFIDENTIAL INFORMATION AND SECURITY PROCEDURES Clause Samples
The "Confidential Information and Security Procedures" clause establishes the obligations of parties to protect sensitive information and outlines the security measures required to safeguard such data. Typically, this clause defines what constitutes confidential information, sets standards for handling and sharing it, and may require adherence to specific security protocols or industry standards. Its core function is to prevent unauthorized disclosure or misuse of confidential data, thereby reducing the risk of data breaches and ensuring trust between the parties.
CONFIDENTIAL INFORMATION AND SECURITY PROCEDURES. 7.1 Merchant shall protect and maintain the confidentiality of all Confidential Information disclosed by each of Vantage, Provider Partner, and Profit Stars to Merchant under this Agreement and comply with the security procedures described in this Agreement and in any Vantage, Provider Partner, or Profit Stars policies and procedures communicated in writing to Merchant. Merchant acknowledges that the purpose of these security procedures is for verification of authenticity of an Entry and not to detect an error in the transmission or content of an Entry. No security procedure for the detection of any such error has been agreed upon between each of Vantage, Provider Partner, and Profit Stars and Merchant. Merchant is strictly responsible to establish and maintain the procedures to safeguard against unauthorized transmissions.
7.2 Merchant understands that the password and Services access and use instructions provided by Vantage, Provider Partner, or Profit Stars are confidential and agrees to assume all risks of accidental disclosure or inadvertent or wrongful use by any party whatsoever, whether such disclosure of use are on account of Merchant’s negligence or are deliberate acts. Merchant acknowledges that no person from Vantage, Provider Partner, or Profit Stars will ever ask for any password and that Vantage, Provider Partner, or Profit Stars employees, contractors, or authorized agents do not need and should not ask for Merchant’s password.
CONFIDENTIAL INFORMATION AND SECURITY PROCEDURES. 4.1 Merchant shall protect and maintain the confidentiality of all Confidential Information disclosed by JHA to Merchant under this Agreement and comply with the security procedures described in this Agreement and in any JHA policies and procedures communicated in writing to Merchant. Merchant acknowledges that the purpose of these security procedures is for verification of authenticity of a Transaction and not to detect an error in the transmission or content of a Transaction. No security procedure for the detection of any such error has been agreed upon between JHA and ▇▇▇▇▇▇▇▇. ▇▇▇▇▇▇▇▇ is strictly responsible to establish and maintain the procedures to safeguard against unauthorized transmissions.
4.2 Merchant understands that the password and Services access and use instructions provided by JHA are confidential and agrees to assume all risks of accidental disclosure or inadvertent or wrongful use by any party whatsoever except for ▇▇▇, whether such disclosure of use are on account of ▇▇▇▇▇▇▇▇’s negligence or are deliberate acts. Merchant acknowledges that no person from JHA will ever ask for any password and that JHA employees do not need and should not ask for ▇▇▇▇▇▇▇▇’s password.