A Data Confidentiality and Security Statement with Confidentiality Statement of Understanding is a document that outlines the terms and conditions of the agreement between two parties that are involved in the sharing of confidential information. It is a legal document that sets out the rights and obligations of the parties involved in sharing the data. The document is usually used to protect sensitive information that is shared between the two parties to ensure that the data remains confidential and secure. The Data Confidentiality and Security Statement with Confidentiality Statement of Understanding typically outlines the roles and responsibilities of each party, the types of data that will be shared, the rules for how the information will be used and stored, and the measures that each party is responsible for taking to ensure the security of the data. It also outlines the penalties for violating the terms of the agreement and the consequences for any unauthorized access to the confidential information. There are several types of Data Confidentiality and Security Statement with Confidentiality Statement of Understanding, including Non-Disclosure Agreements (NDAs), Non-Compete Agreements (NCAA), and Data Processing Agreements (DPA's). Additionally, some organizations may use specific types of data confidentiality and security agreements tailored to their specific needs.