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Key Facts from Cost of Data Breach Study conducted by the Ponemon Institute, LLC sponsored by IBM
Tags: Hedge Funds, Insurance, insurance, Breach, Cost, cyber, Cyber & Privacy Liability, data, financial services, hedge fund, IBM, Ponemon Institute, Record, security, United States
Employers can be held liable for the activities of employees under the common law doctrine of agency – respondeat superior. This doctrine states that the superior (or “principal”) is held responsible for the acts of its subordinate (or “agent”). A company (the “principal” in this case) can be held liable for the actions of its employees and others deemed agents of the company, even if the agents are acting independently. This is called “vicarious liability.”
Tags: insurance, Internet Professional Liability, Agency (law), Brave New World, Company, discrimination, Employment, Insurance Industry News, Law, Legal liability, Media Liability, media liability, social media, Social Media Liability, social networking, Swett & Crawford, United States
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