Cybersecurity Vendor Agreements

Implementation of hardware and software to protect a company from a cyber-attack can be an expensive and time-consuming. Working with multiple suppliers to acquire information security services is inevitable. The agreements proposed by technology companies often contain unfavorable terms that can have a lasting impact on the buyer.

Kirkpatrick Law is experienced in drafting, reviewing, and negotiating cybersecurity vendor agreements. We can help a business understand the business and legal issues, propose alternative language more favorable to the business, and aid in the negotiation, if necessary. The money spent for legal counsel experienced with technology agreements may be far less than the potential costs resulting from business and legal risks inherent in a non-negotiated technology agreement.

Finding cost-effective legal counsel with technology experience can be tough. Client's have come to Kirkpatrick Law because their current attorneys are charging $400 - $600 per hour for experience technology legal counsel. Kirkpatrick Law is interested in running an effecient and technologically advanced legal practice that keeps overhead low, while passing on the savings to its clients. 

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Cybersecurity Vendor Agreements Q&A's

Cybersecurity Vendor Agreements Q & A's

How can an attorney help implement information security systems? +

Even the most popular vendors of security services and equipment have had significant breaches of client data. Customers should critically review the agreements with vendors regarding how the vendor handles their client’s, and their own, information and data security, disaster recovery, and privacy. Analyzing security services agreements goes well beyond the realm of negotiating a good indemnity and limitations of damages clause. It takes an in-depth understanding of the technology, limitations, goals, and risks to appropriately review, revise, or negotiate information security agreements.

What are examples of cybersecurity agreements that our business may encounter? +

There are many ways to secure a network and communications. There is infrastructure security made up of intrusion prevention, firewalls, and network monitoring. Endpoint security is comprised of detection, protection, anti-virus and response systems. Applications security can encompass vulnerability assessment. There is also security for messaging, web, mobile, and cloud. There are services for penetration testing, threat intelligence, incident response, and more.

What if my small business has no leverage to negotiate information security agreements? +

The great thing about cyber security vendors is that there are so many. The competition makes it good for businesses seeking the best product for the money (with the best terms and conditions). Even a business with little or no leverage may find suppliers that can meet their needs without modifications. However, it would still be important to know what the risks exists in the agreements and how they could affect the business. Prioritizing such risks can help a business find vendors with more favorable terms once the network has appropriate security in place. There are frequently hurdles such as time and money that can cause a business to rush into an information security purchase. Nevertheless, having an attorney review agreements with information security vendors can help mitigate risks with the vendor, the business’s information, and its customer’s information. Ignoring such risks may costs a business much more money over time if a problem arises.

How can an attorney help implement information security systems? +

Even the most popular vendors of security services and equipment have had significant breaches of client data. Customers should critically review the agreements with vendors regarding how the vendor handles their client’s, and their own, information and data security, disaster recovery, and privacy. Analyzing security services agreements goes well beyond the realm of negotiating a good indemnity and limitations of damages clause. It takes an in-depth understanding of the technology, limitations, goals, and risks to appropriately review, revise, or negotiate information security agreements.

What are examples of cybersecurity agreements that our business may encounter? +

There are many ways to secure a network and communications. There is infrastructure security made up of intrusion prevention, firewalls, and network monitoring. Endpoint security is comprised of detection, protection, anti-virus and response systems. Applications security can encompass vulnerability assessment. There is also security for messaging, web, mobile, and cloud. There are services for penetration testing, threat intelligence, incident response, and more.

What if my business has no leverage to negotiate? +

The great thing about cyber security vendors is that there are so many to choose from. The competition makes it good for businesses seeking the best product for the money (with the best terms and conditions). Even a business with little or no leverage may find suppliers that can meet their needs without modifications. However, it would still be important to know what the risks exists in the agreements and how they could affect the business. Prioritizing such risks can help a business find vendors with more favorable terms once the network has appropriate security in place. There are frequently hurdles such as time and money that can cause a business to rush into an information security purchase. Nevertheless, having an attorney review agreements with information security vendors can help mitigate risks with the vendor, the business’s information, and its customer’s information. Ignoring such risks may costs a business much more money over time if a problem arises.

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