As evident from the recent Target and other large company data security breaches, cybercriminals are actively seeking to hack into company data management systems to obtain customers’ private information. Companies must constantly be on alert for cyber threats and proactively safeguard customer data from theft by cybercriminals. Though the FTC’s authority to serve as the nation’s cybersecurity policeman is murky, one federal court has recently given the FTC the green light to bring actions against companies for cybersecurity breaches. This article discusses the court’s decision and the key takeaway of that decision.
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