you will take on the role of the CIO of a company that has many customers on its network. The business model that your company created includes customers on your network who use specific third party software at no extra cost. You are in the process of negotiating the purchase of a license of this third party software, but you have concerns about your company’s liability exposure should the software fail. For example, you are concerned that your customers will use the third party software, input personal or other sensitive data, and then have that software crash or fail on its own, through no fault of your company. This could lead to your customer suffering real or perceived personal harm. As a result, the customer might sue your company for this harm.
In anticipation of purchasing the software license, you seek to include language in the software licensing agreement that would protect your company from harm suffered by your customers should the third party software crash or fail on its own. Include the following in your initial post:
Create boilerplate language for the software license agreement necessary to protect your company from this liability risk.
Provide an example of other language, either from an existing company case study or a fictitious example that would not sufficiently protect your company from this liability exposure.
Explain why this language does not sufficiently protect your company, supporting your statements with evidence from your sources.
Your initial post should be a minimum of 300 words.
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