Common use of Consumer Privacy and Information Security Clause in Contracts

Consumer Privacy and Information Security. Participant and Consultant shall comply with all applicable privacy and information security laws including but not limited to security breach notification laws. In the event a security breach of the computerized system used by Participant or Consultant containing MLS Data results in access or use by an unauthorized third party, Participant and Consultant shall notify Association by confirmed email or confirmed telephone within twenty-four (24) hours of its discovery by Participant and Consultant. Participant and Consultant shall also take all reasonable steps, in accordance with commercially reasonable security practices, to protect the security and privacy of the MLS Data from unauthorized access, use or disclosure. Other than as necessary to perform its rights and obligations under this Agreement, Participant and Consultant shall not use or disclose the MLS Data without the prior consent of Association.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

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