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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."
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
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
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
Authorized Users
Business Day
Confidential Information
Critical Information Infrastructure
Cyber Attack
Cyber Incident
Cyber Security Services
Data Breach
Data Protection Laws
Effective Date
Force Majeure Event
Incident Response Plan
Information Security Standards
Intellectual Property Rights
Malicious Code
Personal Data
Security Assessment
Security Controls
Security Incident
Security Policies
Security Requirements
Service Level Agreement
Service Provider
Services
Singapore Law
System
Term
Third Party Software
Threat Intelligence
Unauthorized Access
Vulnerability
Vulnerability Assessment
Security Requirements
Service Levels
Incident Response
Data Protection
Confidentiality
Compliance
Audit Rights
Representations and Warranties
Security Assessment
Access Control
Risk Management
Business Continuity
Disaster Recovery
Personnel Security
Training Requirements
Reporting Obligations
Notification Requirements
Liability and Indemnification
Insurance
Intellectual Property
Force Majeure
Term and Termination
Dispute Resolution
Governing Law
Assignment and Subcontracting
Change Management
Performance Monitoring
Documentation Requirements
Third Party Management
Data Breach Response
Security Testing
Vulnerability Management
Compensation
Service Credits
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