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DISTRUST DATA PROCESSING ADDENDUM Controller to Processor This Bill trust Data Processing Addendum (this Addendum) is entered into by and between Factor Systems, Inc. d/b/a Bill trust (Bill trust),
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To fill out this data processing addendum, follow these steps:
02
Begin by reading through the addendum carefully to familiarize yourself with its terms and conditions.
03
Fill in your company's name, address, and contact information in the designated fields.
04
Identify the type of personal data being processed and provide a detailed description.
05
Specify the purpose of the data processing and the legal basis for doing so.
06
Indicate the categories of data subjects whose personal data will be processed.
07
Describe the security measures in place to protect the personal data.
08
Identify any subprocessors that will be involved in the processing and provide their contact information.
09
Review the data retention and deletion policies outlined in the addendum and make any necessary changes to align with your company's practices.
10
Sign and date the addendum, ensuring that all required parties have done the same.
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Store a copy of the filled-out addendum securely for future reference or audits.

Who needs this data processing addendum?

01
Any organization that processes personal data and shares it with third parties or subprocessors needs this data processing addendum.
02
It is especially important for companies that operate in countries with data protection regulations, such as the General Data Protection Regulation (GDPR) in the European Union.
03
This addendum helps to establish a legal framework for the processing of personal data and ensures compliance with applicable data protection laws.
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This data processing addendum is a legal contract that outlines the responsibilities of data processors when processing personal data on behalf of data controllers.
Data processors who are processing personal data on behalf of data controllers are required to file this data processing addendum.
The data processing addendum should be filled out by data processors with the necessary information about the processing activities they perform on behalf of data controllers.
The purpose of this data processing addendum is to ensure that data processors comply with data protection regulations and safeguard the personal data they process.
The data processing addendum must include details about the processing activities, data protection measures in place, data transfer mechanisms, and data breach notification procedures.
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