Should security providers be held liable for data breaches?

From: dna

Krishna Bahirwani

Black Hat Asia ended with a discussion started by Black Hat founder Jeff Moss on if security providers, should be held liable for data breaches, because of the critical data they claim to “secure”. The recent number of hacking incidents everywhere have made this a widespread issue and security professionals worldwide have voiced their opinions.

“It’s easy to pass the buck. Businesses that suffer data breach incidents or network intrusions can act in haste and put the blame on firewall providers while citing some help from regulatory norms. However, the irony is that both data security laws as well as IT and network security practices at many organizations have not been able to keep up with the pace of evolving technology and attack methods. Unfortunately, it often takes a highly exposed event of gross misconduct to shake up the law makers or regulatory bodies into legislating measures that address the gap. 2013 witnessed a spate of data breach incidents at world’s leading businesses, retail giants and other huge corporations. Their IT, network infrastructure and data centers were apparently put inside some digital fortress. One can always argue saying “what happened to all those next-generation firewalls or advanced sand-boxes?”

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