Media Coverage
Source: WSJ: CIO Journal
Media Coverage
07.29.14
A few weeks ago, the U.S. House of Representatives passed a cybersecurity bill that could help shield technology providers from liability in the event of a cyberattack. The National Cybersecurity and Critical Infrastructure Protection Act (NCCIP) of 2013 seeks to enhance the public and private sharing of information as well as change corporate behavior in relation to potential cyberattacks. To help achieve the latter, the NCCIP has language that would allow cyberattacks to trigger protections against legal damages already in place for physical terrorist attacks.
“The liability protection is an added incentive for buyers to acquire cybersecurity technology,” says Brian Finch, a partner in the Washington, DC, office of Pillsbury Winthrop Shaw Pittman LLP.
The CIO Journal goes on to refer to a letter Finch wrote to his clients concerning how the bill could explicitly extend the liability protections provided by the Support Antiterrorism by Fostering Effective Technologies (SAFETY) Act of 2002.