Data-security negligence triggers compensation when inadequate safeguards by commercial entities cause wrongful loss or gain to affected persons. Section 43A creates compensation liability where a body corporate handling sensitive personal data or information in a computer resource it owns, ... Summary
Data-security negligence triggers compensation when inadequate safeguards by commercial entities cause wrongful loss or gain to affected persons.
Section 43A creates compensation liability where a body corporate handling sensitive personal data or information in a computer resource it owns, controls, or operates negligently fails to implement and maintain reasonable security practices and procedures, causing wrongful loss or wrongful gain to a person. Reasonable security practices may be specified by agreement or law, or otherwise prescribed by the Central Government.
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