Hays in the News – Risk and Insurance Magazine

In the most recent issue of FOCUS, Hays Companies concentrated on Cyber liability and the ever increasing attention it is receiving in the media. This caught the eye of Risk & Insurance magazine, requesting an expert opinion from our Dave Wasson, Cyber Liability Practice Leader with Hays Companies.

SAFETY Act and What You Need To Know

In 2002, after the 9/11 attacks, the private sector was reluctant to develop security products and services in civilian settings due to the enormous liability risks involved.  In response, Congress enacted the Support Anti-Terrorism by Fostering Effective Technologies (SAFETY) Act to encourage the development and deployment of new and innovative anti-terrorism products and services.  The SAFETY Act created liability limitations for claims arising out of, relating to, or resulting from an act of terrorism.  The Act applies to a broad range of products and services, including technology products, software and other forms of anti-terrorism security measures.