If your code gets hacked, are you the one on the hook? In the early decades of the software industry, the answer was usually "no." Software licenses routinely disclaimed liability, and until recently, security flaws were considered to be just another fact of life. When problems were discovered, companies were expected to fix them quickly, but they were rarely on the hook for the resulting damage.
That's changing rapidly. Recently, Sony faced a class action lawsuit for losing the private information of millions of users. And this week, it was reported that Dropbox is already being sued for a recent security breach of its own.
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