Identity Theft Sample Clauses
The Identity Theft clause establishes the responsibilities and procedures in the event that a party's personal or financial information is fraudulently used by an unauthorized individual. Typically, this clause outlines the steps that must be taken to notify affected parties, investigate the incident, and mitigate any resulting harm, such as freezing accounts or providing credit monitoring services. Its core function is to protect parties from the consequences of identity theft and to ensure a clear, prompt response to minimize potential damages.
POPULAR SAMPLE Copied 6 times
Identity Theft. Contractor agrees to perform all duties contemplated herein consistent with reasonable policies, procedures and related controls that are designed to detect, prevent and mitigate the risk of identity theft, and to take appropriate steps to prevent or mitigate the same if any such events occur. The need for this contractual provision is based on the Identity Theft Red Flags Rule promulgated under the Fair and Accurate Credit Transactions Act of 2003, which provides in pertinent part at 16 CFR 681 Attachment A VI (C): A financial institution or creditor should take steps to ensure that the activity of the service provider is conducted in accordance with reasonable policies and procedures designed to detect, prevent and mitigate the risk of identity theft.
Identity Theft. In performance of the Contract, Contractor may have possession or access to documents, records or items that contain “Personal Information” as that term is used in ORS 646A.602(11), including Social Security numbers. Personal Information is a type of Confidential Information that is highly sensitive and subject to additional protection. Therefore, prior to the receipt of, and during the period in which Contractor has possession of or access to, any Personal Information, Contractor shall have in place, a formal written information security program that provides safeguards to protect Personal Information from loss, theft, and disclosure to unauthorized persons, as required by the Oregon Consumer Identity Theft Protection Act, ORS 646A.600-646A.628.
Identity Theft. [In the performance of this Contract, Contractor may have possession or access to documents, records or items that contain “Personal Information” / In order to perform Services under this Contract, Contractor is licensing “Personal Information” from Agency,] as that term is used in ORS 646A.602(11). Personal Information is a type of Confidential Information that is highly sensitive and subject to additional protection. Prior to the receipt of, and during the period in which Contractor has possession of or access to, any Personal Information, Contractor shall have and maintain a formal written information security program that provides safeguards to protect Personal Information from loss, theft, and disclosure to unauthorized persons, as required by the Oregon Consumer Identity Theft Protection Act, ORS 646A.600-646A.628. In addition to and without limiting the generality of Sections 9.1 and 9.2, Contractor shall not breach or permit breach of the security of any Personal Information that is contained in any document, record, compilation of information or other item to which Contractor receives access, possession, custody or control under this Contract. Contractor shall not disclose, or otherwise permit access of any nature, to any unauthorized person, of any such Personal Information. Contractor shall not use, distribute or dispose of any Personal Information other than expressly permitted by Agency, required by applicable law, or required by an order of a tribunal having competent jurisdiction. Contractor shall promptly report to the Agency any breach of security, use, disclosure, theft, loss, or other unauthorized access of any document, record, compilation of information or other item that contains Personal Information to which the Contractor receives access, possession, custody or control in the performance of this Contract. Contractor shall require the compliance of its employees, agents, and subcontractors with this Section 9.3.
Identity Theft. If Supplier processes, handles or has access to Personal Information, Supplier shall promptly notify CUSTOMER if, during the course of Supplier’s activities under this Agreement, Supplier’s employees become aware of any potential identity theft related to the individual(s) to which such Personal Information relates.
Identity Theft. Dealer shall be responsible for paying Lender in full for any outstanding loan when Dealer submitted any application that is found to be a stolen or fraudulent identity. Dealer shall make pay Lender within ten (10) days of notice of identity theft.
Identity Theft. In the performance of this Contract, Contractor may have possession or access to documents, records or items that contain “Personal Information,” as that term is used in ORS 646A.602(11). Personal Information is a type of Confidential Information that is highly sensitive and subject to additional protection. Prior to the receipt of, and during the period in which Contractor has possession of or access to, any Personal Information, Contractor shall have and maintain a formal written information security program that provides safeguards to protect Personal Information from loss, theft, and disclosure to unauthorized persons, consistent with the Oregon Consumer Identity Theft Protection Act, ORS 646A.600-646A.628. In addition to and without limiting the generality of Sections 9.1 and 9.2, Contractor shall not breach or permit breach of the security of any Personal Information that is contained in any document, record, compilation of information or other item to which Contractor receives access, possession, custody or control under this Contract. Contractor shall not disclose, or otherwise permit access of any nature, to any unauthorized person, of any such Personal Information. Contractor shall not use, distribute or dispose of any Personal Information other than expressly permitted by Agency, required by applicable law, or required by an order of a tribunal having competent jurisdiction. Contractor shall promptly report to the Agency any breach of security, use, disclosure, theft, loss, or other unauthorized access of any document, record, compilation of information or other item that contains Personal Information to which the Contractor receives access, possession, custody or control in the performance of this Contract. Contractor shall require the compliance of its employees, agents, and subcontractors with this Section 9.3.
Identity Theft. If your password does not remain confidential and is obtained by a third party, you run the risk that a third party can gain access to your Account. In principle, this third party can only carry out transactions or transfer your funds to your Bank Account as it is not possible to transfer funds to another account. You are fully responsible for all losses, costs, damages and the like which are incurred by you following unauthorised use of your password by any third party.
Identity Theft. Pursuant to Section 114 of the Fair and Accurate Credit Transactions Act of 2003 (“FACT Act”), Lender is required to take steps to ensure that the activities of its service providers and/or its service providers’ Subcontractors are conducted in accordance with reasonable policies and procedures designed to detect, prevent, and mitigate the risk of identity theft. To the extent applicable, Servicer represents and warrants that it and/or Servicer’s Subcontractor(s) has/have developed and implemented written policies and procedures as required by Section 114 of the FACT Act to detect, prevent, and mitigate the risk of identity theft in connection with its provision of services and that these policies and procedures are reviewed periodically and updated as necessary. Servicer further represents and warrants that a component of its and/or Servicer’s Subcontractors’ program is to identify red flags indicative of possible identity theft. If Servicer and/or its Subcontractors identify a red flag indicative of identity theft with respect to a Loan funded by Lender that cannot be cleared pursuant to the written policies and procedures of Servicer, Servicer and/or its Subcontractors promptly will report the red flag to Lender’s Relationship Manager and take all other appropriate steps to prevent or mitigate identity theft.
Identity Theft the misappropriation of Protected Personal Information of customers or members that is in the Insured’s care, custody and control or stored in any Computer System of the Insured or of a Third Party who operates or maintains a Computer System on behalf of the Insured, which has resulted in, or could reasonably be expected to result in, the wrongful or fraudulent use of such information.
Identity Theft. If you suspect that someone has gained access to important personal information such as your account numbers or social security numbers and may use that information for illegal purposes or to withdraw money from your account, contact UCU immediately. Report a lost or stolen Debit/Visa Check Card by calling ▇▇▇-▇▇▇-▇▇▇▇ in the US or by calling ▇▇▇-▇▇▇-▇▇▇▇ collect outside the US. Report a lost or stolen Visa Credit Card by calling ▇▇▇-▇▇▇-▇▇▇▇.