Understanding Cybersecurity in Industry 4.0

Legal Implications and Potential Liabilities

The legal implications of cybersecurity attacks are vast, leading to significant financial and legal liabilities. For instance, if a cyberattack leads to a breach of personal data, manufacturers could face penalties under laws like the General Data Protection Regulation (GDPR) in the EU or the California Privacy Rights Act (CPRA) in the US. A breach could mean fines up to 4% of annual turnover or €20 million, whichever is higher. Additionally, affected individuals might file class actions, increasing liabilities further.