Common use of Privacy and Security Measures Clause in Contracts

Privacy and Security Measures. Licensor represents and warrants it has established and will maintain privacy and security measures that meet or exceed the standards set forth in ISO 27001 applicable to the safeguarding, security, and privacy of Licensee Data. Licensor shall monitor, periodically assess, and update its physical, technical, and logical security controls and risk to ensure continued effectiveness of those controls. Licensor shall ensure it and its subservice organizations undergo annual examination from an independent auditor to assess the Services’ compliance with at least ISO 27001. Licensor shall provide an exact copy of the most recent examination results report to Licensee upon request.