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News South Africa

Data Liability, Part 1: Size doesn't matter

"When you look at the cost of protecting the data compared with the cost of not protecting it, it becomes a no-brainer," Mark Rasch, former head of the Justice Department's computer crime unit and managing director of technology for FTI Consulting, told the E-Commerce Times.

For startup e-commerce companies, protecting customer data doesn't always come naturally. Small matters such as getting a business idea out of the starting gates and into the race - not to mention winning those very first customers - tend to overshadow the many liabilities associated with collecting and storing customer data.

However, liabilities they are, no matter how big the company or whether it realizes it or not.

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