Will Officers and Directors be held legally responsible for their companies’ data breaches and cybersecurity incidents?
That is the question I addressed in Cybersecurity Risk: Law and Trends – A Director’s Duties Must Evolve With The Company’s, which was recently published in the Spring 2015 issue of Ethical Boardroom (see article below).
The article is short and gets to the point. It explains where the trend is headed on this issue as well as why it is moving in that direction. It also identifies some steps that Officers and Directors can take to help mitigate this risk — while also helping protect their companies from the dangers lurking out in the cyber world.
You can view the full article in the Spring 2015 issue of Ethical Boardroom, which begins on page 108, but I also recommend you take some time to look at the entire issue as it is very informative. As always, feel free to let me know if you have any questions or comments.