What CIOs Need to Know About the FTC Cybersecurity Ruling
No matter how much a company spends in money and resources for cyber security, there is always the risk that the system will be hacked. Now, a decision by the Third U.S. Circuit Court of Appeals has confirmed that in the event of such an Information Technology System hack, the U.S. Federal Trade Commission has authority to investigate the company and charge it with unfair trade practices for failure to protect customers from the theft of online data.
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