Are ownership rights to all data, inputs, outputs, and metadata retained even through a provider acquisition or bankruptcy event?

This question is asking whether your organization maintains ownership rights to all data (including raw data, processed data, and metadata) even if your cloud/service provider goes through a major business change like being acquired by another company or declaring bankruptcy. Why this matters: In a security assessment, this question addresses business continuity and data governance risks. If your provider is acquired or goes bankrupt, there's a risk your data could be considered an asset of the provider that could be transferred, sold, or made inaccessible. Without clear contractual protections, you might lose access to or control over your own data during these events. The question aims to ensure you have contractual safeguards in place that explicitly state your organization retains full ownership of all data regardless of what happens to the provider. This includes: 1. Primary data you upload or create 2. Inputs (data fed into systems) 3. Outputs (results, reports, processed data) 4. Metadata (data about your data, usage patterns, etc.) To best answer this question, you should: - Review your service agreements and contracts with providers - Check for specific clauses addressing data ownership during acquisition or bankruptcy - Ensure these clauses cover ALL types of data mentioned above - Verify there are provisions for data return/migration in these scenarios - Confirm there are no clauses that could compromise your ownership rights