Kutak Rock attorney Bryan Handlos authored an article, “Vendor Limitations of Liability for Security Breaches: The Alimentary Canal Problem,” in the March/April 2015 edition of Nebraska Banker magazine. The article was featured in the Counselor’s Corner section of the publication, which focuses on providing guidance on relevant legal issues. Nebraska Banker magazine is the official publication of the Nebraska Bankers Associations (NBA).
The article discusses issues associated with information security breaches and outlines the responsibilities of vendors with respect to those breaches. The article focuses on vendor attempts to limit their liability for security breaches. Handlos offers several options to consider when negotiating a vendor’s limitation of liability and discusses ways to improve chances for success in this area.
Read the full article here.
Handlos is a partner in the firm’s Omaha office and concentrates his practice on bank regulatory and consumer financial services matters. He represents banks, nonbank financial services providers and commercial customers acquiring financial services products. His experience includes consumer compliance, retail banking, operations, treasury services and core bank regulatory topics.