Should Software Companies Be Legally Liable For Security Breaches?

"But traditional software companies are immune to liability. It’s not, Moss argues, a level playing field. “Market forces will drive us to software liability,” he claims. Keynote speaker (and lawyer) Jennifer Granick similarly believes the Internet of Things will lead to industries accustomed to liability becoming software companies, which will lead to software liability.

But she adds: “I think we’re going to do a really crappy job with software liability for a long time, and the people who will suffer will be the startups and disruptors, not the established companies.”"