Common use of Additional Security Procedures Clause in Contracts

Additional Security Procedures. We may from time to time implement additional or alternative procedures to protect the security and confidentiality of your Online Banking transactions. Such procedures may include, without limitation, encryption, creating security firewalls in our computer systems and implementing other commercially reasonable security procedures. You agree to comply with all security procedures we may impose in connection with Online Banking, including any changes to such procedures that we might make from time to time. You agree that all security procedures used by us, our affiliates and agents in connection with Online Banking are commercially reasonable security procedures and, as a result, you assume all risk of loss for unauthorized transactions where we have followed our then-current security procedures. You acknowledge that we reserve the right to change the security procedures from time to time upon notice to you (if such notice is required by law). Your continued use of Online Banking constitutes your agreement to comply with such changed procedures and your acknowledgement that such changed procedures are commercially reasonable.

Appears in 2 contracts

Sources: Online Banking Terms and Conditions, Online Banking Terms and Conditions