Tag Archives: Officers & Directors

Shareholders Can Sue Corporate Officers for Breach of Duty of Oversight in landmark Ruling — CISOs and CPOs, You Listening?

In a landmark ruling, the Delaware Court of Chancery has recognized that corporate officers owe the company a legal duty of oversight, which has traditionally been an obligation solely of directors, and can be sued by shareholders for breach of that duty. In the cybersecurity and privacy context, what does this mean for Chief Information …

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Home Depot Data Breach Shareholder Derivative Suit Against Directors Fails

Officers and directors of companies that have had data breaches have become targets of litigation through shareholder derivative claims since the consumer class-action claims have had a difficult time making it past the causation of harm threshold. Those officers and directors may now sigh in relief, if only briefly, following a November 30, 2016, ruling by the District Court …

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Cybersecurity Legal Issues: What you really need to know (slides)

Shawn Tuma delivered the presentation Cybersecurity Legal Issues: What you really need to know at a Cybersecurity Summit sponsored by the Tarleton State University School of Criminology, Criminal Justice, and Strategic Studies’ Institute for Homeland Security, Cybercrime and International Criminal Justice. The presentation was on September 13, 2016 at the George Bush Institue. The following are the slides …

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Why Cybersecurity Incidents Are Legal Events

In this video, cybersecurity and data protection attorney Shawn Tuma explains why cybersecurity incidents are as much legal events as they are information technology and business / public relations events. ______________________ Shawn Tuma (@shawnetuma) is a business lawyer with an internationally recognized reputation in cybersecurity, computer fraud and data privacy law. He is a Cybersecurity …

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4 Ways to Engage Executives in Cyber Risk

The CIO Journal has an informative article, 4 Ways to Engage Executives in Cyber Risk, that discusses a handful of ideas that can be helpful for engaging company executives on the issue of cybersecurity risks. Here are the 4 steps it suggests: Host a cyber risk heat-mapping session Establish key risk and performance indicators Simulate …

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Managing Cybersecurity Risks for Boards of Directors

In his latest Ethical Boardroom article, Shawn Tuma explains why it is important for board members to have an active role in their company’s cybersecurity preparation and tells them several key steps they can take to do so. Tuma also explains why cybersecurity is as much a legal issue and business issue as it is …

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Cybersecurity Legal Year in Review – #DtSR Podcast

Do not miss this podcast discussing key cybersecurity legal events from 2015. Shawn Tuma joined the DtSR Gang [Rafal Los (@Wh1t3Rabbit), James Jardine (@JardineSoftware), and Michael Santarcangelo (@Catalyst)] on the Down the Security Rabbit Hole podcast. In this episode… Most important cybersecurity-related legal developments of 2015 Tectonic Shift that occurred with “standing” in consumer data …

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Dear Santa: Shawn Tuma’s Cybersecurity Christmas Wish

Shawn Tuma asks Santa for one cybersecurity Christmas wish — what is yours?

What Do Cybersecurity, Brown M&M’s & Credit Ratings Have in Common?

Of all the examples of pompous extravagance the legendary rock band Van Halen exemplified, one that has always stood out was the band’s contractual requirement that the dressing room has M&M’s — but warned there were to be no brown M&M’s. If any were there, the band had the right to cancel the concert at the …

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Cover the Basics for Securing Your Network — Shawn Tuma’s Book Contribution

Shawn Tuma authored a section for an eBook published by Fortinet Security. You can read Tuma’s section, Cover the Basics, as well as download the complete eBook at this link: Cover the Basics- by Shawn E. Tuma | MightyGuides.com