Common use of Access to Standard Cyber Risk Module Clause in Contracts

Access to Standard Cyber Risk Module. Client understands that the Standard Cyber Risk Module contains BitSight data (“BitSight Data”) for which the following terms apply. The BitSight Data provided hereunder shall be deemed confidential information of BitSight and Client shall be entitled to use the BitSight Data external to its organization only as follows: (i) to share with any third party, including publicly, any BitSight Data that relates exclusively to the Client and Client’s BitSight-provided industry sector rating; and (ii) to share the relevant data that relates exclusively to a rated organization with such organization for the purpose of initiating or maintaining a business relationship, so long as such rated organization is a current or prospective vendor/service provider, regulator, insured, or affiliate (including any portfolio companies or potential acquisition or investment targets) of Client.