Cover Data-Breach Risk in Licensing Agreements

Cover Data-Breach Risk in Licensing Agreements

Data exchange April 25, 2016 By: Jennifer Ver Huel and Angelique Salib

It's difficult enough to protect your data inside your own systems and processes. What about when you want to license it to a third party? In the age of the cyberattack, be sure your licensing agreements address the risk of a data breach.

Many associations license their data to third parties as a revenue source. In the past, these agreements were primarily focused on terms of use and preventing inappropriate use or appropriation by the licensee. In today's environment, licensing risk has expanded to include the very real threat of a security breach. ...