Common use of DATA SECURITY BREACHES AND REPORTING PROCEDURES Clause in Contracts

DATA SECURITY BREACHES AND REPORTING PROCEDURES. 11.1 The Parties are under a strict obligation to notify any potential or actual losses of the Shared Personal Data to the other Party as soon as possible and, in any event, within 1 Business Day of identification of any potential or actual loss to enable the Parties to consider what action is required in order to resolve the issue in accordance with the applicable Data Protection Legislation.

DATA SECURITY BREACHES AND REPORTING PROCEDURES. 11.1 12.1 The Parties are under a strict obligation to notify any potential or actual losses of the Shared Personal Data to the other Party as soon as possible and, in any event, within 1 Business Day of identification of any potential or actual loss to enable the Parties to consider what action is required in order to resolve the issue in accordance with the applicable Data Protection Legislationnational data protection laws and guidance.