Crime against businesses, services and retailers doesn’t usually involve physical businesses as much as it used to. Instead, what we find is a rise in cybercrime from both “freelancers” and hacking syndicates. They want
sensitive user information to sell to identity thieves (or use themselves).

Yet, what about the legal consequences to businesses that fall victim to these attacks? Do they have a responsibility to protect information? And what is the extent of that responsibility?

The short answer, it depends.

Let’s look at a few previous cases and breaches to better determine your risk.





Comments


Log in to comment or register here.

Give millennials a reason to stay - The benefits that can help you retain young talent

Job-changing is fast and furious in the early years of millennials’ careers: Young adults born in the early ‘80s …
Subscribe

Rachel Strella: Story of an Accidental Entrepreneur

If you had asked Rachel Strella in June 2010 what she did for a living, she would have told you she worked in … More
Editor's Picks


Have you tried BizSugar's new video posting feature?
Did you know you can now post video on BizSugar?
It's time to up your game with video on BizSugar!
Post your small business video to BizSugar today!