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Comment: Software providers look exposed to mass claims in the EU over cyberattack damage

By Luca Bertuzzi ( July 24, 2024, 14:50 GMT | Comment) -- A recent update to the EU's product liability regime that extends it to software provides the legal basis for compensation claims related to defective products that result in damage. This includes data "destruction or corruption," which is worrying software companies over whether they could be held liable for data losses resulting from cyberattacks, which might open a new front in mass claims litigation.A recent update to the EU's product liability rules is giving tech companies sleepless nights over whether they could be held liable for data losses caused by cyberattacks. ...

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