Firms Look to Limit Liability for Online Security Breaches
In the face of ongoing attacks by computer hackers, some companies that store their customers’ personal data are adopting a new defensive tactic: If your information is stolen, they’re not legally responsible. Across the Internet, retailers and other service providers that handle consumer transactions are requiring customers to agree to waive any right to sue the companies if the businesses are hacked, regardless of how secure their systems are. The waivers are contained in lengthy terms-of-use agreements that consumers often click to accept without reading closely. Full Story