Data loss - liability, reputation and mitigation of risk

• Authors:
• Vinod Bange
• Phil Sherrell

With an increasing number of security breaches hitting the headlines, there is, unsurprisingly, a growing awareness amongst regulators and the public alike of data security issues.

The risks to businesses of being involved in a data loss incident are high. Criminal sanctions under the Data Protection Act are well established, but other regulators like the Financial Services Authority (FSA) are also willing to flex their enforcement muscles. In the last three years, the FSA has levied substan... (449 more words)

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