Cybersecurity Legal Issues to Consider at the Board Level Part 2

As cyber threats continue to rise and pose a risk to organizations of all shapes and sizes, developing active and informed cyber risk management strategies has become essential for boards. This tool of good governance is not only essential to attempt to mitigate the fallout from almost certain future cyber-attacks and data breaches, but is increasingly a legal requirement for boards. Today, regulators are looking for board members to be aware of the cybersecurity risks their organization faces and their role in managing them. These issues include data privacy laws, cybersecurity regulations, liability and risk management, incident response planning, third-party risks, cybersecurity governance, training, and top-down awareness.