Data Breaches and Computer Hacking: Liability & Insurance Issues

ABA/TIPS Government Law Committee Fall 2011 Newsletter

PUBLISHED ON: October 4, 2011

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Data security breaches continue to dominate the headlines, with more and more businesses, governmental authorities and other organizations falling victim. Even with the deluge of news coverage concerning cyber risks, one of the more important news stories may have flown under the radar: data breaches are actually under-reported. This means that despite the daunting news of hacking incidents against defense contractors, cloud computing companies, entertainment companies, and even firms specializing themselves in computer security, the problem in reality is much worse than what is being currently reported.