You've been hacked. What are you liable for?

‘It won’t happen to me…’ but best be prepared.

By Frank Jennings

Hacking is big news and we’re all susceptible. In the UK, hackers could face jail time under the Computer Misuse Act, but the question on many businesses’ minds will be where the liability lies if they are hacked.

The list of successful mega breaches continues to grow; extra-marital affairs site Ashley Madison hit the headlines last summer when data was exposed about its 37 million users, although it appeared many of those were fake accounts. Earlier this year, Yahoo! revealed the numbers behind its 2014 data breach – 500 million user account credentials were stolen.

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