Corporate
Dec. 4, 2018
How to assure the board’s attention to cyber risks
Although traditionally directors have seen a high threshold for liability, it has been eroded both at the trial court level and through recent decisions.
Malcolm S. McNeil
Partner
ArentFox Schiff LLP
Phone: (213) 443-7656
Email: Malcolm.McNeil@arentfox.com
Loyola Law School; Los Angeles CA
With everything that an entrepreneur has to deal with, sometimes the cyber risks are last on the list. This is for a variety of reasons. Sometimes, the business model does not seem to call for a vigilant and rigid cybersecurity protocol. Most of the time, resources are limited and monies spent on cybersecurity are considered the low items on the totem pole. If management does not recognize the need and necessity for cybersecurity at the outset, it is the board that mu...
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