Security Sharing Agreement

Security Sharing Agreement Template for India

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Key Requirements PROMPT example:

"I need a Security Sharing Agreement between our fintech company and a cybersecurity consulting firm for sharing threat intelligence and incident response data, with specific provisions for handling banking sector compliance requirements and cross-border data transfers to our APAC operations."

Document background

The Security Sharing Agreement is essential in today's interconnected business environment where organizations need to collaborate on security matters while protecting sensitive information. This document type is particularly relevant in India, where cybersecurity threats are increasingly sophisticated and regulatory requirements are evolving. The agreement enables parties to share threat intelligence, security incidents, and best practices while maintaining compliance with Indian laws including the IT Act, 2000, and data protection regulations. It is commonly used when organizations need to establish formal channels for security cooperation, whether for industry-specific threat monitoring, joint security operations, or regulatory compliance. The agreement typically includes detailed protocols for information classification, handling procedures, and security measures, making it vital for organizations seeking to enhance their security posture through collaborative efforts.

Suggested Sections

1. Parties: Identification of all parties to the agreement, including their registered addresses and company details

2. Background: Context of the agreement, relationship between parties, and purpose of the security sharing arrangement

3. Definitions: Detailed definitions of technical terms, security-related concepts, and other key terms used in the agreement

4. Scope of Information Sharing: Details of the types of security information to be shared, including threat intelligence, incident reports, and security metrics

5. Security Protocols: Mandatory security measures and protocols for handling shared information

6. Confidentiality Obligations: Obligations regarding the protection and non-disclosure of shared security information

7. Use Restrictions: Limitations on how shared security information can be used, stored, and processed

8. Information Classification: Classification levels of shared security information and corresponding handling requirements

9. Incident Reporting: Procedures for reporting security incidents and breaches affecting shared information

10. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

11. Return or Destruction of Information: Procedures for returning or destroying shared information upon termination

12. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for dispute resolution

Optional Sections

1. Industry-Specific Compliance: Additional compliance requirements for specific regulated industries (e.g., banking, healthcare)

2. Cross-Border Transfer: Provisions for international transfer of security information, if applicable

3. Third-Party Access: Rules and procedures for allowing third-party access to shared security information

4. Audit Rights: Rights and procedures for auditing compliance with security measures

5. Insurance Requirements: Specific insurance requirements related to security risks

6. Business Continuity: Provisions for maintaining information sharing during business disruptions

7. Cost Allocation: Distribution of costs related to security measures and information sharing

8. Joint Security Operations: Procedures for joint security operations or collaborative threat response

Suggested Schedules

1. Technical Specifications: Detailed technical requirements for security measures and information sharing systems

2. Security Controls Matrix: Matrix defining specific security controls and responsibilities for each party

3. Contact Details: List of key contacts and escalation procedures for security-related communications

4. Information Classification Guide: Detailed guide for classifying and handling different types of security information

5. Incident Response Procedures: Detailed procedures for responding to and reporting security incidents

6. Compliance Checklist: Checklist of compliance requirements and verification procedures

7. API Documentation: Technical documentation for any APIs used in security information sharing

8. Service Level Agreement: Specific service levels for security information sharing and response times

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 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

Clauses

Relevant Industries

Information Technology

Banking and Financial Services

Healthcare

Telecommunications

Defense

Energy and Utilities

Government

Education

Manufacturing

Transportation and Logistics

Retail

Professional Services

Relevant Teams

Information Security

Legal

Compliance

Risk Management

IT Operations

Security Operations Center

Threat Intelligence

Data Protection

Corporate Security

Privacy

Technical Operations

Incident Response

Relevant Roles

Chief Information Security Officer

Chief Technology Officer

Information Security Manager

Compliance Officer

Risk Manager

Security Operations Director

Data Protection Officer

IT Director

Chief Risk Officer

Security Analyst

Legal Counsel

Privacy Officer

Information Security Architect

Security Operations Manager

Threat Intelligence Analyst

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