Cyber Security Agreement Template for Singapore

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Key Requirements PROMPT example:

Cyber Security Agreement

"I need a Cyber Security Agreement for my fintech startup in Singapore to engage a security consulting firm for penetration testing and ongoing security monitoring, with specific provisions for handling payment data and compliance with MAS guidelines starting March 2025."

Document background
This Cyber Security Agreement is designed for use in Singapore when establishing a formal relationship for the provision of cybersecurity services. The agreement addresses critical aspects of cyber protection, including security measures, incident response protocols, and compliance with Singapore's cybersecurity laws and regulations. It is particularly relevant given the increasing cyber threats and regulatory requirements under the Cybersecurity Act 2018 and related legislation. This agreement is essential for organizations seeking to protect their digital assets and ensure compliance with Singapore's robust cybersecurity framework.
Suggested Sections

1. Parties: Identification and details of the contracting parties

2. Background: Context and purpose of the agreement, including reference to key Singapore cybersecurity legislation

3. Definitions: Key terms used throughout the agreement, including specific cybersecurity and technical terminology

4. Scope of Services: Detailed description of cybersecurity services to be provided, aligned with Singapore's regulatory requirements

5. Security Requirements: Specific security measures and standards to be implemented, including compliance with Singapore's Cybersecurity Act and PDPA

6. Incident Response: Procedures for handling security incidents, including mandatory reporting requirements under Singapore law

7. Confidentiality: Protection of sensitive information and compliance with data protection obligations

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

9. Liability and Indemnification: Allocation of risks and responsibilities, including cybersecurity incident liability

Optional Sections

1. Service Level Agreement: Specific performance metrics and standards for cybersecurity services

2. Cross-border Data Transfers: Rules and compliance requirements for transferring data outside Singapore

3. Industry-Specific Compliance: Additional requirements for regulated sectors such as financial services or healthcare

Suggested Schedules

1. Technical Requirements Schedule: Detailed technical specifications and security standards to be maintained

2. Service Level Metrics: Specific performance indicators and measurement criteria for cybersecurity services

3. Incident Response Plan: Detailed procedures and protocols for handling security incidents

4. Data Processing Agreement: Specific terms for handling personal data in compliance with PDPA

5. Security Audit Requirements: Schedule of security audits, assessments, and compliance reviews

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

Relevant legal definitions
Clauses
Industries

Cybersecurity Act 2018: Primary legislation governing cybersecurity in Singapore, particularly for Critical Information Infrastructure (CII). Establishes licensing framework for cybersecurity service providers and incident reporting requirements.

Personal Data Protection Act (PDPA) 2012: Establishes framework for personal data protection in Singapore, including requirements for data security, breach notification, and cross-border data transfers.

Cybersecurity and Information Security Agency Act 2021: Incorporates the former Computer Misuse Act, providing framework for addressing computer crimes and unauthorized access to computer systems.

Electronic Transactions Act: Provides legal foundation for electronic transactions and digital signatures in Singapore.

MAS Technology Risk Management Guidelines: Specific requirements for financial institutions regarding technology risk management and cybersecurity controls.

Healthcare Services Act: Contains specific cybersecurity requirements for healthcare service providers and protection of medical data.

GDPR Compliance: Consideration required if dealing with EU data subjects, including data protection and cross-border transfer requirements.

APEC Cross-Border Privacy Rules: Framework for protecting privacy of consumer data in cross-border data transfers within APEC region.

ISO/IEC 27001: International standard for information security management systems, often referenced in Singapore cybersecurity requirements.

CSA Guidelines: Guidelines issued by Cyber Security Agency of Singapore for cybersecurity practices and incident management.

PDPC Guidelines: Guidelines from Personal Data Protection Commission on data protection and security requirements.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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