Common use of Security Breach Reporting Clause in Contracts

Security Breach Reporting. The Contractor acknowledges that in the performance of its obligations under this Contract, it will be a "data collector" pursuant to Chapter 62 of Title 9 of the Vermont Statutes (9 V.S.A. §2430(3)). In the event of any Security Breach, as defined by Title 9, Chapter 62, Contractor shall notify appropriate State personnel of such Security Breach. Such notice shall be compliant with applicable law, including 9 V.S.A. § 2435. The Contractor shall provide such other information, in writing, as reasonably requested by the State. In the event of a breach of the Contractor's security obligations or other event requiring notification under applicable law ("Notification Event"), the Contractor agrees to fully cooperate with the State, assume responsibility for such notice if the State determines it to be appropriate under the circumstances of any particular Security Breach, and assume all reasonable costs associated with a Security Breach, including but not limited to, notice, outside investigation and services (including mailing, call center, forensics, counsel and/or crisis management), and/or credit monitoring, as reasonably determined by the State consistent with Title 9, Chapter 62. In the event the Contractor fails to timely give notice in accordance with applicable law, including 9 VSA § 2435, the State may assume responsibility for providing all required notices of said Security Breach upon notice to the Contractor. Without limiting the generality of the foregoing, the Contractor acknowledges and agrees that, by execution of this Contract, it is acting or conducting business in the State of Vermont. In addition to any other indemnification obligations in this Contract, the Contractor shall indemnify and save harmless the State from any costs, loss or damage to the State resulting from a Security Breach or the unauthorized disclosure by the Contractor, its officers, agents, employees, and subcontractors of such State Data to the extent such damages are due to the negligence or misconduct of the Contractor.