Management and Organizational Studies 2275A/B Chapter Notes - Chapter 4: Class Action, Counterclaim, Alternative Dispute Resolution
16 Sep 2016
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Marie is the director of insurance and security of northlan mining. During her absence while on vacation following happened related to revising their legal risk management plan: deliniquent customer, pollution accident, hacking incident, machine breakdown. Hacking attempt done by an outside, environmentalist group, was anticipated by the plan. Northland as part of its risk reduction strategy had engaged in info tech services to install firewalls. If future hackers though could breach the walls could cause future damage: liability for loss of sensitive customer and employee data, loss of revenue resulting from an interruption of the computer system. See that there is insurance, but not for all the costs possible. Could sue the group for trespassing, premature action though as they don"t know the identity of those members and may not do so anyways. How to negotiate are most often carried out by the parties to the dispute.
