Bitter C-Suite: Privacy, Security and Data Protection Issues Facing Corporations, Directors and Officers

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With data breaches, cyberterrorism and governmental enforcement of the protection of privacy on the rise, corporations are facing an increased likelihood of claims, legal proceedings and costs. Without a proper understanding of the privacy and data security issues facing the corporation, and effective oversight of the policies and procedures the corporation has in place, directors and officers risk potential liability, as well as breaching their fiduciary duty of loyalty and due See more +
With data breaches, cyberterrorism and governmental enforcement of the protection of privacy on the rise, corporations are facing an increased likelihood of claims, legal proceedings and costs. Without a proper understanding of the privacy and data security issues facing the corporation, and effective oversight of the policies and procedures the corporation has in place, directors and officers risk potential liability, as well as breaching their fiduciary duty of loyalty and due care.

In this presentation, Pepper attorneys will discuss the issues facing corporations in connection with privacy and cybersecurity and the steps directors and officers can take to mitigate these risks, including:

-implementing “privacy by design”

-conducting a risk audit

-formulating a business continuity plan

-instituting an oversight process

-acquiring cyber-insurance, and

-providing adequate disclosure to investors.

Speakers

Sharon R. Klein, partner and chair of the Privacy, Security and Data Protection practice – Pepper Hamilton LLP

Odia Kagan, associate – Pepper Hamilton LLP

Melissa Louise Nuñez, associate – Pepper Hamilton LLP See less -

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Topics:  Board of Directors, Breach of Duty, C-Suite Executives, Cybersecurity, Data Breach, Data Protection, Fiduciary Duty, Privacy Laws

Published In: Labor & Employment Updates, Privacy Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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