Join us for a complimentary webinar on how to address data breach liability clauses. Why should you care? Your company may be at financial risk for a catastrophic event that could bankrupt your company. We will start at 7:30 am CDT and adjourn by 8:15 am.
Data breaches have become all too common in the last few years and have grown increasingly expensive, usually multi-million dollar settlements. Often, the data breach has not come through a direct attack on the company, but through outside vendors.
Take for example, the Target data breach in 2013 where the access to Targets data came from a refrigeration contractor that had access to Target’s intranet.
Large companies have begun to insert language into their contracts that are shifting responsibility for such data breaches to their suppliers and other relationships. Many contracts now have clauses that hold a party responsible for any malware or Trojan horses introduced by that party into the software of the other party to the contract.
Smaller companies, many of which do not have the financial strength or adequate insurance, are bearing these risks, many times not even being aware that such language is in the boilerplate agreement.
Join us for a complimentary webinar on how to address these liability clauses and how to reduce risks of a catastrophic event that could bankrupt a company. We will start at 7:30 am CDT and adjourn by 8:15 am.