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Information Security Agreement

Information Security Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Information Security Agreement

"I need an Information Security Agreement for my Hong Kong-based fintech company that will be sharing customer financial data with overseas processing centers starting January 2025, with particular emphasis on cross-border data transfer compliance and breach notification procedures."

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Document background
The Information Security Agreement is essential for organizations operating in Hong Kong that need to establish clear protocols for protecting sensitive information and maintaining cybersecurity standards. This document is particularly crucial given Hong Kong's stringent data protection requirements under the Personal Data (Privacy) Ordinance and related cybersecurity regulations. It should be used when organizations are sharing sensitive data, implementing security controls, or engaging in business relationships requiring robust information security measures. The agreement typically covers areas such as data protection, security controls, incident response, compliance monitoring, and audit requirements, while incorporating Hong Kong-specific legal requirements and international security standards. It's particularly relevant for technology service providers, financial institutions, and organizations handling personal or sensitive data.
Suggested Sections

1. Parties: Identification of the contracting parties, including registered addresses and company details

2. Background: Context of the agreement and brief description of the business relationship

3. Definitions: Definitions of key terms including Confidential Information, Security Incident, Personal Data, Security Requirements, etc.

4. Scope of Information Security Obligations: Details of the information security requirements and standards to be maintained

5. Data Protection and Privacy Requirements: Specific obligations regarding personal data handling in compliance with PDPO

6. Security Controls and Safeguards: Required technical and organizational security measures

7. Security Incident Response: Procedures for reporting and handling security breaches

8. Audit and Compliance: Rights of audit and compliance monitoring procedures

9. Confidentiality Obligations: Requirements for maintaining confidentiality of information

10. Term and Termination: Duration of agreement and termination provisions

11. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement

Optional Sections

1. Cross-Border Data Transfers: Requirements for transferring data outside Hong Kong - include when international data transfers are contemplated

2. Third-Party Access: Rules for granting system or data access to third parties - include when third-party vendors or contractors are involved

3. Cloud Computing Requirements: Specific provisions for cloud-based services - include when cloud services are used

4. Business Continuity and Disaster Recovery: Requirements for maintaining service continuity - include for critical systems or services

5. Insurance Requirements: Cybersecurity insurance obligations - include for high-risk or regulated sectors

6. Industry-Specific Compliance: Additional requirements for specific industries - include for regulated sectors like banking or healthcare

Suggested Schedules

1. Schedule 1: Security Standards and Controls: Detailed technical specifications of required security controls and standards

2. Schedule 2: Information Security Policies: Specific security policies and procedures to be followed

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

4. Schedule 4: Compliance Checklist: Checklist of security requirements and compliance measures

5. Appendix A: Authorized Personnel: List of authorized personnel with access rights and security clearance levels

6. Appendix B: Technical Infrastructure: Description of technical infrastructure and security architecture

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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

Financial Services

Healthcare

Technology

E-commerce

Professional Services

Banking

Insurance

Telecommunications

Education

Government and Public Sector

Manufacturing

Retail

Relevant Teams

Information Security

IT Operations

Legal

Compliance

Risk Management

Privacy Office

Information Technology

Cybersecurity

Infrastructure

Data Protection

Security Operations

Vendor Management

Relevant Roles

Chief Information Security Officer

Data Protection Officer

IT Security Manager

Compliance Officer

Risk Manager

Information Security Analyst

Privacy Officer

Chief Technology Officer

IT Director

Legal Counsel

Security Operations Manager

Chief Risk Officer

Systems Administrator

Network Security Engineer

Industries






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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