No Longer an Existential Threat: Minimizing Cybersecurity Risks and Upholding Duties

Cybersecurity risks, one of the most serious risks facing the world today, have consequences extending far beyond a corporation’s IT department.   In a blog post written for the Delaware Journal of Corporate Law, DJCL Staff member, Kacee Benson, explains Delaware caselaw relating to the duty of directors in the realm of corporate risk as a duty of oversight, part of the fiduciary duty of loyalty.  The SEC issued guidance on cybersecurity risk disclosure earlier this year, and previous commentary from SEC officials reinforces the importance of director involvement in their corporation’s cybersecurity risk management strategy.

Read Kacee’s post on the DJCL Blog.

 

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