Common use of Data and Data Security Clause in Contracts

Data and Data Security. 7.1. Each party retains ownership of its Data. 7.2. Except as required by law, neither party must ensure that its Personnel will not: A. use the Data belonging to the other party for any purpose other than the performance of its obligations under this Agreement B. sell, commercially exploit, let for hire, assign rights in or otherwise dispose of any Data; or Each party must establish and maintain safeguards against the destruction, loss or alteration of either party’s Data in the possession or control of that party which are is consistent with and no less rigorous than those maintained by either party to secure its own data; and comply with all applicable laws and policies. In particular, the Parties will ensure the secure transmission and storage of data, at standards no less than those recommended by Cyber Security NSW.