Common use of Confidentiality and Information Security Clause in Contracts

Confidentiality and Information Security. The parties undertake to treat all material information received from the other party as confidential. Each party is responsible for that its employees and advisers comply with the obligations of the party as set forth in the freight forwarding contract. The parties shall take appropriate technical and organizational measures to safeguard the information security of its services and the storage and use of information processed in its information system having regard to the security of the functions, telecommunication, hardware and software as well as the confidentiality and integrity of the data content. All access to the information systems of the removal company or the customer must be conducted in a manner which safeguards the security of the accessed information system. The parties shall exercise reasonable care in observing the obligations above taking into account technology available and the risks and costs involved.