Cybersecurity Threats Increase Cybersecurity Firms’ Business
The FTC has had the right, for years, to sue companies who do not take proper measures to ensure their customer’s information is safe. With the increased risk of security breaches through cybersecurity attacks, the likelihood of businesses utilizing the services of cybersecurity firms to make sure their data is safe and secure has increased. Unfortunately, this provides a scapegoat for the company. If for any reason their customers’ information is hacked, they then point the finger to the cybersecurity firm. Realistically, yes, it is the firm’s responsibility to minimize the risk of exposure; however at what point is the company still responsible?
This is the exact argument that is currently taking place between the cybersecurity firm Trustwave, and Affinity Gaming who suffered a second breach after implementing Trustwave’s services. According to The Street, Affinity Gaming is suing the cybersecurity firm for 100k in damages and Trustwave is disputing the lawsuit. As the litigation continues, it will be interesting to see who is deemed liable.
We want to know–who do you think should be held responsible?