A potential client wanted to test my SaaS service which would be storing and analysing some of their confidential data. They asked me to sign a 5 year term NDA. I did not have my company set up at the time, and I signed it as an individual.
Now I have a company, but I no longer want to be personally liable if for any reason someone were to breach our security and gain access to this potential client's confidential information.
Is there a way to transfer this personal liability to my company? Is it possible to agree with this potential client to annul the original NDA and sign a new NDA that is between the two companies instead? Or am I stuck with this personal risk until the original NDA term runs out?