A series of high profile data breach incidents have brought into spotlight the increasing regularity and number of incidents, the significant costs associated with such incidents and the potential exposure of Boards of Directors. In this publication, we look at some of the risks for directors around data breach incidents.
As businesses grow increasingly reliant on computers, the internet and the data that flows on these technologies, they also increasingly expose themselves to the risk of data breaches, being the intentional or unintentional dissemination of stored (and potentially valuable and confidential) information. Although these data breaches can occur unintentionally through poor business practices, many breaches today occur because of pre-meditated cyber-attacks.
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Topics: Board of Directors, Corporate Counsel, Corporate Governance, Cyber Attacks, Cybersecurity, Data Protection
Published In: General Business Updates, Consumer Protection Updates, International Trade Updates, Privacy Updates, Science, Computers & Technology 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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