Proposed changes to computer fraud law: Companies can collect against perpetrators
Cybersecurity issues can be daunting for many businesses. Just last week, Target Corporation agreed to pay $10 million to settle the class action lawsuit that arose from its highly publicized 2013 data breach.
But the Obama administration has proposed changes to the Computer Fraud and Abuse Act that allow companies victimized by violations of the act to file civil lawsuits against perpetrators. Last month, the National Law Journal called the proposed changes “significant” for private companies. For more information, see cyberlaw expert Orin Kerr’s analysis of the proposed changes here, from the Washington Post.
