As companies increasingly rely on digital technologies, the risk of cyberattacks and data breaches has become a major concern for boards and management. A new report from law firm Torys LLP highlights the growing trend of holding directors and officers accountable for cybersecurity failures. With the rise of class-action lawsuits and regulatory enforcement, boards are being forced to take a more proactive approach to cybersecurity. The report outlines practical steps that boards and management can take to mitigate their liability and ensure that their organizations are better equipped to handle the ever-evolving threat landscape.
Director and officer liability for cybersecurity: practical steps for boards and management Torys LLP
