Sec. 45.48.520. - Due diligence.
In AS 45.48.510
(3), due diligence ordinarily includes performing one or more of the following:
(1) reviewing an independent audit of the third party's operations and its compliance with AS 45.48.500
- 45.48.590;
(2) obtaining information about the third party from several references or other reliable sources and requiring that the third party be certified by a recognized trade association or similar organization with a reputation for high standards of quality review; or
(3) reviewing and evaluating the third party's information security policies and procedures, or taking other appropriate measures to determine the competency and integrity of the third party.
Scroll for next Alaska statute…