Application Security Risk Assessment Template for India

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Application Security Risk Assessment

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Application Security Risk Assessment

"I need an Application Security Risk Assessment contract for my fintech startup in Bangalore, focusing on our payment processing application, with specific attention to RBI compliance requirements and quarterly assessments starting March 2025."

Document background

This Application Security Risk Assessment agreement is essential for organizations operating in India that need to evaluate and validate the security posture of their software applications. It is specifically designed to comply with Indian legal requirements, including the IT Act 2000, data protection rules, and CERT-In guidelines. The document should be used when engaging external security assessment providers or establishing internal assessment procedures. It includes comprehensive details about testing methodologies, security controls evaluation, vulnerability assessment procedures, and reporting requirements. The agreement addresses critical aspects such as data handling, confidentiality, testing permissions, and incident reporting while incorporating specific Indian regulatory requirements and industry standards for cybersecurity assessments.

Suggested Sections

1. Parties: Identification and details of the service provider (assessor) and the client organization

2. Background: Context of the agreement and purpose of the security assessment

3. Definitions: Definitions of technical terms, abbreviated references, and key concepts used in the agreement

4. Scope of Services: Detailed description of the application(s) to be assessed and the extent of security testing to be performed

5. Assessment Methodology: Overview of the security assessment approach, standards, and frameworks to be followed

6. Service Provider Obligations: Responsibilities and commitments of the security assessment team

7. Client Obligations: Client responsibilities including access provision, information sharing, and cooperation requirements

8. Timeline and Milestones: Schedule of assessment activities and delivery dates

9. Deliverables: Description of reports, presentations, and other outputs to be provided

10. Confidentiality: Provisions for handling sensitive information discovered during the assessment

11. Data Protection and Privacy: Measures for protecting personal and sensitive data during the assessment

12. Intellectual Property: Ownership and usage rights of assessment findings, tools, and reports

13. Fees and Payment: Cost structure, payment terms, and conditions

14. Term and Termination: Duration of the agreement and conditions for termination

15. Limitation of Liability: Scope and limits of legal liability for both parties

16. General Provisions: Standard legal clauses including governing law, dispute resolution, and notices

Optional Sections

1. Compliance Requirements: Specific regulatory or industry standard compliance requirements, used when assessment must meet particular compliance frameworks

2. Third Party Access: Terms governing involvement of third-party tools or subcontractors, included when external resources are part of the assessment

3. Incident Response: Procedures for handling security incidents discovered during assessment, included for high-risk applications

4. Post-Assessment Support: Terms for follow-up support and re-testing, included when ongoing support is part of the engagement

5. Multi-Phase Assessment: Structure for multiple assessment phases, used for complex applications or long-term engagements

6. International Data Transfer: Provisions for cross-border data handling, included when assessment involves multiple jurisdictions

7. Insurance Requirements: Specific insurance coverage requirements, included for high-value or high-risk assessments

Suggested Schedules

1. Schedule A - Technical Scope: Detailed technical specifications of applications, environments, and systems to be assessed

2. Schedule B - Assessment Methodology: Detailed assessment procedures, testing methods, and security testing tools to be used

3. Schedule C - Commercial Terms: Detailed breakdown of fees, payment schedule, and any variable costs

4. Schedule D - Service Levels: Performance metrics, response times, and service level commitments

5. Schedule E - Reporting Templates: Standard formats for various reports and documentation to be delivered

6. Appendix 1 - Security Controls Checklist: Specific security controls and requirements to be assessed

7. Appendix 2 - Compliance Requirements: Detailed compliance standards and requirements applicable to the assessment

8. Appendix 3 - Client Environment Requirements: Technical requirements for client systems and environment setup

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Acceptance Criteria
Application
Assessment Environment
Assessment Period
Assessment Report
Assessment Scope
Authorized Personnel
Business Days
CERT-In
Client Data
Client Environment
Confidential Information
Critical Vulnerability
Cybersecurity Incident
Data Protection Laws
Deliverables
Dynamic Analysis
Emergency Patch
Engagement Team
False Positive
High-Risk Finding
Impact Assessment
Incident Response
Information Security Policy
Infrastructure Components
Intellectual Property Rights
IT Act
Low-Risk Finding
Medium-Risk Finding
Methodology
Mitigation Plan
Network Infrastructure
Penetration Testing
Personal Data
Production Environment
Project Manager
Protected System
Remediation Period
Risk Assessment
Risk Level
Risk Rating
Safety Measures
Security Assessment
Security Controls
Security Incident
Security Testing
Sensitive Personal Data
Service Level Requirements
Service Provider
Source Code
Stage Environment
Static Analysis
System Architecture
Test Data
Test Environment
Testing Tools
Third-Party Components
Threat Model
Time Schedule
User Acceptance Testing
Vulnerability
Vulnerability Assessment
Work Product

Clauses

Relevant Industries

Banking and Financial Services

Healthcare

Information Technology

E-commerce

Government and Public Sector

Insurance

Telecommunications

Manufacturing

Education

Retail

Professional Services

Energy and Utilities

Relevant Teams

Information Security

Risk Management

Legal

IT Operations

Application Development

Compliance

Quality Assurance

DevSecOps

Infrastructure

Procurement

Vendor Management

Enterprise Architecture

Relevant Roles

Chief Information Security Officer

IT Security Manager

Application Security Engineer

Risk Management Officer

Compliance Manager

Information Security Analyst

Security Consultant

IT Director

Chief Technology Officer

Privacy Officer

Legal Counsel

Project Manager

Quality Assurance Manager

DevSecOps Engineer

Security Testing Specialist

Find the exact document you need

Infection Control Risk Assessment Form For (Construction)

A regulatory compliance document used in Indian healthcare facilities to assess and manage infection control risks during construction activities, aligned with national healthcare and building standards.

How a Sales & Marketing Lead uses Genie AI to reduce contract drafting time by 95%

Let's create your Application Security Risk Assessment

Authors

Alex Denne

Find the exact document you need

Infection Control Risk Assessment Form For (Construction)

Industrial Risk Assessment

Hospital Safety Risk Assessment

Hospital Risk Assessment

Home Working Risk Assessment

Home Risk Assessment Form

Eyewash Risk Assessment Form

Fire Risk Assessment Review

Environment Of Care Risk Assessment

Contractors Risk Assessment

Construction Fire Risk Assessment

Care Home Fire Risk Assessment

Task Based Risk Assessment

Site Risk Assessment

Job Risk Assessment Form

First Aid Needs Assessment Form

Water Risk Assessment

Model Risk Assessment

Government Risk Assessment

Construction Risk Assessment Form

Building Risk Assessment

Area Risk Assessment

Pharmacy Risk Assessment

Organisational Risk Assessment

Makeup Artist Risk Assessment

Forestry Risk Assessment

Risk Assessment Childcare

Smoking Risk Assessment

Plant And Equipment Risk Management Form

Machine Guarding Assessment

New And Expectant Mothers Risk Assessment

Bar Risk Assessment

Machine Guarding Risk Assessment

Field Level Hazard Assessment

Home Visit Risk Assessment

Formal Hazard Assessment

Application Security Risk Assessment

Workstation Risk Assessment Form

Financial Institution Risk Assessment

General Risk Assessment Form

Project Risk Assessment

Risk Assessment And Management Plan

High Level Risk Assessment

Hazard Identification Form

Occupied Building Risk Assessment

Care Home Risk Assessment

Workplace Assessment

Factory Risk Assessment

Display Screen Assessment

Asset Management Risk Assessment

Daily Risk Assessment

Catering Risk Assessment

Working At Height Risk Assessment

Hazard Vulnerability Assessment

Manual Handling Risk Assessment

Risk Management Assessment

Office Risk Assessment

Window Cleaning Risk Assessment

Food Risk Assessment

Occupational Therapy Risk Assessment

Psychology Risk Assessment

Food Defence Risk Assessment

Food Fraud Vulnerability Assessment

Workplace Violence Risk Assessment

Warehouse Risk Assessment

Third Party Risk Assessment

Travel Risk Assessment

Stress Risk Assessment

Step Ladder Risk Assessment

Shop Risk Assessment

Risk Assessment Form

Risk Assessment And Method Statement

Pest Risk Assessment

Infection Control Risk Assessment

Legal Risk Assessment