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1. Parties: Identification of the service provider conducting the IT risk assessment and the client organization
2. Background: Context of the engagement and brief overview of the client's IT environment and assessment needs
3. Definitions: Key terms used throughout the agreement, including technical terminology and risk assessment concepts
4. Scope of Services: Detailed description of the IT risk assessment services, including systems, applications, and processes to be assessed
5. Assessment Methodology: Overview of the risk assessment approach, frameworks, and standards to be used
6. Client Obligations: Requirements for client cooperation, access to systems, documentation, and personnel
7. Service Provider Obligations: Commitments regarding assessment execution, expertise, and professional standards
8. Timeline and Milestones: Project schedule, key deliverables, and completion criteria
9. Confidentiality and Data Protection: Requirements for handling sensitive information and compliance with privacy laws
10. Intellectual Property: Ownership of assessment results, reports, and methodologies
11. Fees and Payment Terms: Pricing structure, payment schedule, and related terms
12. Limitation of Liability: Boundaries of service provider's liability and any applicable caps
13. Term and Termination: Duration of the agreement and conditions for early termination
14. General Provisions: Standard legal clauses including governing law, notices, and amendments
1. Business Continuity and Disaster Recovery: Include when assessment covers BC/DR capabilities or when continuous service availability is critical
2. Regulatory Compliance: Add when assessment must address specific regulatory requirements (e.g., HIPAA, PCI-DSS)
3. Third-Party Risk Assessment: Include when assessment extends to vendor systems or third-party integrations
4. Physical Security Assessment: Add when physical security aspects of IT infrastructure are included in scope
5. Insurance Requirements: Include for high-value or high-risk assessments requiring specific insurance coverage
6. Personnel Security Requirements: Add when specific security clearances or background checks are required
7. Change Management: Include when assessment scope may need to adapt to changing IT environment
8. Knowledge Transfer: Add when client requires training or capability building as part of assessment
1. Schedule A - Scope of Assessment: Detailed listing of systems, applications, and processes to be assessed
2. Schedule B - Assessment Methodology and Standards: Detailed description of assessment approach, tools, and compliance frameworks
3. Schedule C - Pricing and Payment Schedule: Detailed fee structure, payment milestones, and any additional costs
4. Schedule D - Project Timeline: Detailed project plan with specific dates, milestones, and dependencies
5. Schedule E - Required Client Resources: Specific personnel, access, and resource requirements from the client
6. Appendix 1 - Risk Assessment Templates: Standard forms and templates to be used during the assessment
7. Appendix 2 - Security Requirements: Specific security protocols for conducting the assessment
8. Appendix 3 - Reporting Format: Templates and requirements for assessment reports and deliverables
Financial Services
Healthcare
Technology
Government
Telecommunications
Energy and Utilities
Manufacturing
Retail
Education
Professional Services
Insurance
Transportation and Logistics
Media and Entertainment
Information Security
IT Operations
Risk Management
Compliance
Legal
Procurement
Internal Audit
Information Technology
Privacy
Enterprise Architecture
Project Management Office
Infrastructure
Cybersecurity
Governance
Chief Information Security Officer (CISO)
IT Risk Manager
Chief Technology Officer (CTO)
Chief Information Officer (CIO)
IT Audit Manager
Compliance Officer
Risk Assessment Specialist
Information Security Manager
IT Operations Manager
Privacy Officer
Security Consultant
IT Project Manager
Legal Counsel
Procurement Manager
Technology Director
Chief Risk Officer (CRO)
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