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Liability for Data Breaches are Minimal

Posted by ryuzaki0 on from the be-more-careful dept.

vandon submitted a Security Focus bit about liability and identity theft. The article talks about a contractor's laptop containing a half a million records of private student loan information being stolen. The court ruled that since "Reasonable" precautions had been taken, the loan company need not be held strictly liable for their customers damages.

1 of 184 comments (clear)

  1. Re:Too hard to make "iron-clad" rules by LordNimon · · Score: 3, Interesting
    If I lose my laptop that has 18,000 valid email addresses stored in it, and somebody gets that data, should I be liable?

    Yes.

    Do you have any other stupid questions?

    --
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