What Are the Legal Implications of Poor Business Security?
Poor business security can lead to significant legal implications. Data breaches involving personal information can result in violations of data protection laws such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). Non-compliance with these regulations can lead to hefty fines and legal actions. Moreover, businesses may face lawsuits from affected customers or partners, leading to additional financial and reputational damage.