Safe Harbor Regulations

What are Safe Harbor Regulations?

 

‘Safe Harbor Regulations’ are the kind of regulations that would entail that a company has not violated a rule if they follow a certain kind of conduct. For example, if a government agency has taken necessary precautions to protect its computers from virus attacks and if the attack still occurs, the agency is not to be blamed as it has already applied all the safeguards.

 

Safe harbor regulations encourage companies to take all necessary precautions and apply sufficient safeguards in place to make sure that accidents and injuries don’t happen.

 

It also protects the company from violations that happen due to no fault of theirs, as the jury or the legal body would understand that the company had the best interests of all parties involved.

More HR Terms

Organizational Justice

What is Organizational Justice?   ‘Organizational Justice’ refers to an employee’s perception of their company and the influence this image has on their own attitudes

Open-book Management

What is Open-book Management?   ‘Open-book Management’ refers to the business practice of sharing financial information with the employees in order to get their input

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