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Security breaches may be the next tobacco-experts
No longer just a nuisance, hackers and viruses are threatening to mire companies with inadequate security in a legal nightmare that could rival the dramatic tobacco and asbestos lawsuits of recent years.
In the near future, experts warn, the same businesses could face a much bigger bill from lawyers and insurers as they seek to stave off liability lawsuits over computer security.
"It's going to be a race to the courthouse steps, like ambulance chasing," warned Ed McPherson, director of PricewaterhouseCoopers' technology security practice in Atlanta. "It'll be like dominoes; when the first one hits and there is case law there will be a ripple effect through the country."
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Related items
- News: FTC vows to keep closer tabs on privacy breaches (12 June 2002)
- News: IT security breaches hit 80% of firms in Ireland (4 June 2002)
- News: Sharp rise in computer crime in Australia (20 May 2002)
- News: Security threats changing (2 May 2002)
Spotlight
Is it time to professionalize information security?
Posted on 23 May 2013. | The issue of whether or not information security professionals should be licensed to practice has already been the topic of many a passionate debate.
Review: Logging and Log Management
Posted on 22 May 2013. | Every security practitioner should be aware of the overwhelming advantages of logging and perusing logs for discovering system intrusions. But logging and log management comes with its own set of difficulties.
Experts highlight top data breach vulnerabilities
Posted on 22 May 2013. | Hidden vulnerabilities lie in everyday activities that can expose personal information and lead to data breach, including buying gas with a credit card or wearing a pacemaker.
A closer look at Mega cloud storage
Posted on 21 May 2013. | Once a novelty, nowadays many cloud storage services are fighting for their piece of the market in the virtual world. Mega offers 50GB of free space with great pricing on Pro accounts.
The CSO perspective on healthcare security and compliance
Posted on 20 May 2013. | Randall Gamby is the CSO of the Medicaid Information Service Center of New York. In this interview he discusses healthcare security and compliance challenges and offers a variety of tips.
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