New Cyber Security Clause from BIMCO now available

A new standard Cyber Security Clause requiring the parties to implement cyber security procedures and systems to help reduce the risk of an incident, is now available from the BIMCO website.

The clause has been written by a small drafting team and is drafted in a broad and generic language which allows for it to be used in a wide range of contracts and in string of contracts for easy back-to-back application.

 

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