6th November 2015 By Kelly Jackson Higgins
Most public companies subscribe to cybersecurity insurance of some sort, and 90% say third-party software vendors should be held liable for vulnerabilities in their code.
Most US publicly traded companies now employ cybersecurity insurance to protect them from liability fallout, and 90% believe regulators should hold companies liable for breaches if they didn't properly secure their data.
The heat is also on third-party software vendors: 90% of the companies say those suppliers should be held liable for vulnerabilities found in their software, and 65% have either already or are planning to include liability clauses in their contracts with their software suppliers.
Full Article
What The Boardroom Thinks About Data Breach Liability
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