Common use of Security Management System Clause in Contracts

Security Management System. ▪ Organization. Maximl Labs Pvt Ltd designates qualified security personnel whose responsibilities include development, implementation, and ongoing maintenance of the Information Security Program. ▪ Policies. Management reviews and supports all security related policies to ensure the security, availability, integrity and confidentiality of Customer Personal Data. These policies are updated at least once annually. ▪ Assessments. Maximl Labs Pvt Ltd engages a reputable independent third-party to perform risk assessments of all systems containing Customer Personal Data at least once annually.