Hacking Into Cybersecurity Threats

In light of recent widespread data-breach apprehension, the business world has raised serious concerns about potential liability stemming from sharing otherwise-private information with the government and other organizations. The potential for damage awards and settlements stemming from data-breach class actions is colossal. As such, leaders at more than 30 major companies pressed Congress for federal legislation that would shield private industry from liability from the potential problems that arise with cybersecurity.  Congress responded with the introduction of a bill known as the National Cybersecurity Protection Advancement Act. Continue reading to learn more about this pending bill and implications surrounding it and other developments.