oboloo Glossary

Data Security Addendum

oboloo Glossary

Data Security Addendum

Data Security Addendum is an important component of any business. It’s a contractual agreement between two parties, whereby the first party (usually a business) ensures that all personal and data information stored in their system is kept secure. This security can include encryption of data, limiting access to authorized personnel, training staff on proper data security protocols, and regular backups of data to prevent accidental loss or destruction. With this kind of protection in place, companies can rest assured that their customers’ sensitive information stays safe. Put simply, a Data Security Addendum provides peace of mind, allowing businesses to focus on more important matters without worrying about potential data breaches.