Software Escrow: Precautions Against Supplier Insolvency

May 18, 2009
No sector is immune from the risk of insolvencies in these uncertain times, and for IT users, the loss of a supplier of a critical system can be disastrous. This update explores one step users can take to mitigate the risk of a failure by one of its suppliers—putting into place source code escrow agreements to ensure access to the tools to fix problems and make alterations.