Cybersecurity is a Top Concern for Corporate General Counsel

LawyersWeekly has found that cybersecurity is now one of the top 3 concerns of corporate general counsel. It should probably be the first, given the trend toward finding liability for officers and directors for cybersecurity incidents.

See Growing Trend of Officer & Director Liability for Cybersecurity Incidents

Here are my key takeaways from the LawyersWeekly article:

  1. General counsel’s responsibilities more frequently include cybersecurity and data protection risk
  2. Cybersecurity is a top 3 concern among GC, ranking alongside compliance and value for money
  3. There has been a significant increase in cybersecurity compliance-related work and assistance with privacy complaints
  4. Larger companies are recognizing the seriousness of cybersecurity risk and putting in place processes and systems to manage it

Full article: GCs raise cybersecurity concerns.

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