Common use of INFORMATION SECURITY & DATA PROTECTION Clause in Contracts

INFORMATION SECURITY & DATA PROTECTION. Data Security requirements are described in section 7, Exhibit C, Special Contract Conditions. The following are policies of the Contractor: 13.1 Overall Data Security Regulations. As a financial institution, the Contractor is required to comply with the information security standards of, as applicable, the Gramm ▇▇▇▇▇ ▇▇▇▇▇▇ Act and the regulations issued thereunder the Fair and Accurate Credit Transactions Act and the regulations issued thereunder; the Federal Financial Institutions Examination Council (FFIEC) criteria; the Interagency Guidance on Response Programs for Unauthorized Access to Customer Information and Customer Notice; the US Securities and Exchange Commission; FINRA; the NASD; and other federal statutory, national and international legal and regulatory requirements. The Contractor is evaluated regularly for compliance with these obligations by various US and international regulators, including, the US Office of the Comptroller of the Currency, as applicable.