other material
confidence high
sentiment neutral
materiality 0.55
Lindblad amends Nat Geo agreements with new data protection and security obligations
LINDBLAD EXPEDITIONS HOLDINGS, INC.
- Added confidentiality, data protection and security requirements to Tour Operator and Alliance agreements.
- Lindblad must implement a written Information Security Program and comply with all Data Protection Laws.
- Security incident notification required to NGS within 48 hours; Lindblad bears remediation and legal costs.
- Lindblad must cause annual Type II SOC1 and SOC2 audits and provide reports to NGS.
- Agreement defines Personal Information and sets controls for processing, sharing, and breach handling.