Security Incident Response Clause Samples
The Security Incident Response clause outlines the procedures and responsibilities for detecting, reporting, and managing security breaches or incidents involving sensitive data. Typically, it requires the affected party to promptly notify the other party of any security incident, investigate the cause, and take corrective actions to mitigate harm. This clause ensures a coordinated and timely response to security threats, minimizing potential damage and maintaining trust between parties.
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Security Incident Response. Upon becoming aware of a Security Incident, MailChimp shall notify Customer without undue delay and shall provide timely information relating to the Security Incident as it becomes known or as is reasonably requested by Customer.
Security Incident Response. The Transfer Agent shall maintain formal processes reasonably designed and implemented to detect, identify, report, respond to, Mitigate, and Remediate Security Incidents in a timely manner.
Security Incident Response. SS&C shall maintain formal processes reasonably designed and implemented to detect, identify, report, respond to, Mitigate, and Remediate Security Incidents in a timely manner.
Security Incident Response. DST shall maintain formal processes that are (i) approved by management; (ii) communicated to all DST personnel; (iii) assigned an owner to perform review and maintenance; and (iv) reasonably designed and implemented to detect, identify, report, respond to, Mitigate, and Remediate Security Incidents in a timely manner. The program must document processes and plans in the case of a security incident and shall require documenting responsive actions taken in connection with any incident involving a security incident or breach of security, mandatory post incident review of events, and any actions taken to make changes in business practices relating to protection of Fund Confidential Information.
Security Incident Response. We maintain a Security Incident response program based on industry standards designed to identify and respond to suspected and actual Security Incidents involving Customer Data. The program will be reviewed, tested and, if necessary, updated on at least an annual basis. “
Security Incident Response. DST shall maintain formal processes reasonably designed and implemented to detect, identify, report, respond to, Mitigate, and Remediate Security Incidents in a timely manner.
Security Incident Response. OpenAI maintains a security incident response plan for responding to and resolving events that compromise the confidentiality, availability, or integrity of the Services or Customer Data including the following:
Security Incident Response. Upon becoming aware of a Security Incident, ▇▇▇▇▇▇▇▇ shall: (i) notify Customer without undue delay, and where feasible, in any event no later than 48 hours from becoming aware of the Security Incident; (ii) provide timely information relating to the Security Incident as it becomes known or as is reasonably requested by Customer; and (iii) promptly take reasonable steps to contain and investigate any Security Incident. ▇▇▇▇▇▇▇▇'s notification of or response to a Security Incident under this Section 4.4 shall not be construed as an acknowledgment by ▇▇▇▇▇▇▇▇ of any fault or liability with respect to the Security Incident.
Security Incident Response. Supplier shall implement and maintain appropriate measures designed to detect, analyze, monitor and resolve Security Incidents, and will notify Us promptly and without undue delay upon Supplier or any Subprocessor becoming aware of a Security Incident, providing Us with sufficient information to allow it to meet any obligations to report or inform Individuals of the Security Incident under Applicable Law. Such notification shall at a minimum: ● describe the nature of the Security Incident, the categories and numbers of Individuals concerned, and the categories and numbers of Personal Information or other data records concerned; ● communicate the name and contact details of Supplier's data protection officer or other relevant contact from whom more information may be obtained; ● describe the likely consequences of the Security Incident; and ● describe the measures taken or proposed to be taken to minimize the impact of such Security Incident and prevent such events from recurring. Supplier shall cooperate with Us and take such reasonable steps as are directed by Us and/or as set out in the section entitled “Security Incident Management and Reporting in the Cloud Software Group Supplier Security Standards, and to assist in the investigation, mitigation and remediation of the Security Incident. Unless otherwise required by Applicable Law, Supplier and each Supplier Affiliate shall not notify any data protection authority, affected Individuals, or other third party, or issue any public notice of any Security Incident, without Our prior written consent.
Security Incident Response. Upon becoming aware of a Security Incident, ▇▇▇▇▇▇▇▇.▇▇ shall notify Company without undue delay and shall provide timely information relating to the Security Incident as it becomes known or as is reasonably requested by Company.