Lose your customers data and be sued

During the past few months, the US and a few of the European countries have been hit by massive loss of individual data.

In the US alone, from universities to war veterans, an estimated 30 million people have had private data on them compromised either by human error or deliberate hacking.

This has convinced some of the parties implicated (the Veterans in this case) to sue those who were responsible for keeping and safeguarding this data.

In the US, failing to protect consumer data has been made a crime and it may set precedence for the rest of the world.

However, one has to bear in mind that there are various levels as far as keeping data is concerned.

A company which has been attacked by a hacker should not be treated the same way as another which did not patch their server properly.