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Each device which accesses the internet is allocated a unique number (Internet Protocol or IP address) by its internet service provider (ISP). A record is created each time this IP address accesses a webpage, including the date, time and URL (website address) accessed. These records are stored by the ISP.
The Cybercrimes and Cybersecurity Bill expands on the original sections of the Electronic Communications and Transactions Act 2002 (ECTA). The creation of 20 new cybercrime offences illustrates the extent to which technology is being used for unlawful purposes and the need to protect yourself in your activities online.
The principle is trite that an insurer who pays the insured’s loss so that the insured receives a full indemnity has the right to step into the insured’s shoes and bring an action against the person responsible for the insured’s loss.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?