Higher Standards
A brief article in CSO Magazine reports on the shift in how courts are viewing liability with respect to certain "foreseeable events".
Security breaches have never been more highly scrutinized by the courts and regulators, and they are redefining what companies should have seen coming—be it a stolen aircraft or a computer virus. Implementing the right policies, procedures and technology now can limit your company's liability in the future.
Anyone involved in protecting personal financial information of any kind should tune into what's happening with respect to higher standards being required to avoid potential downstream liability.
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