The changing trends of the way to do business in the modern technological era we are living in are bringing about many changes and risks. Data breaches, copyright violations, defamation and invasion of privacy are just a few that are creating new and emerging industries to address these issues. Companies are trying to get their information in the public are using the internet more and more though little are aware of the fact that they are they then face the same legal exposure as a publisher and that comes with responsibilities. Some of the new legislation is continuing to create even more potential liabilities. Things sometimes are moving so fast in changes it becomes so impossible to keep up with it all.
Some of the areas that a business needs to investigate to make sure they are not at litigation risks are user privacy, copy right infringement on content, graphics and domain name. The potential of plaintiffs is overwhelming given the number of people surfing the web and the number of businesses and organizations with sites. The potential liability with web site content is great and growing at a rapid pace. With the usage of online freelance boards and use of writers internationally that are unfamiliar with life in the country you operate business puts you even at a higher risk of potential content legal liabilities.
Most businesses operating in the modern technological world today you will more in likely have internal and external email and a website providing information and possibly e-commerce for products and services open you for serious potential legal liabilities and attacks. The risk of loss for intellectual property is also another factor companies need to consider and just like many other countries the laws governing all vary greatly. Small business are especially at risk since they are not like large corporations having a data security department and a staff of lawyers and others watching out monitoring and protecting their interests.
With more and more companies venturing into the World Wide Web their exposing liability becomes even more complex and evolving as technologies also evolve many may want to consider cyber insurance and data protections systems. This is an emerging business in the insurance industry that entrepreneurs may even consider as a startup business as the need for it is continuingly growing and evolving with the technologies that are running and driving business in today’s modern world.
