archive

Cybersecurity Liability Seen Increasing

By Douglas Chick

Cybersecurity Liability Seen Increasing

WASHINGTON (Reuters) - Hackers, viruses, and other online threats don't just create headaches for Internet users -- they could also create prison sentences for corporate executives, experts say.

Though business groups have lobbied successfully against laws focused on cybersecurity, companies that don't make efforts to secure their networks could face civil and criminal penalties under an array of existing laws and court decisions, according to security and legal experts.