In contracts with third parties to ensure cybersecurity, several essential protections should be included:

1. **Data Protection and Confidentiality Clause**: Define the handling and protection of sensitive data exchanged during the partnership. Specify encryption standards, data storage requirements, and procedures for data breaches.

2. **Security Standards and Compliance**: Outline specific cybersecurity standards the third party must adhere to, such as ISO 27001 or NIST Cybersecurity Framework. Include provisions for regular security audits and compliance certifications.

3. **Incident Response and Notification**: Clearly define roles and responsibilities in the event of a security breach, including notification timelines and procedures for cooperating with investigations.

4. **Indemnification**: Specify liabilities and indemnification clauses regarding losses or damages resulting from cybersecurity incidents caused by the third party’s negligence or non-compliance with agreed-upon security measures.

5. **Contract Termination**: Include conditions under which the contract can be terminated due to security breaches or failure to meet cybersecurity requirements. Outline transition protocols for data and services.

6. **Insurance Requirements**: Consider requiring the third party to maintain cybersecurity insurance to cover potential losses or liabilities arising from data breaches or cyber attacks.

7. **Monitoring and Audit Rights**: Reserve the right to monitor the third party’s compliance with cybersecurity measures and conduct periodic security audits or assessments.

By incorporating these contractual protections, organizations can mitigate cybersecurity risks associated with third-party engagements, ensure regulatory compliance, and maintain trust with stakeholders.