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Trending board issues: Cyber-security, remote meetings & going public via a Spac

Trending board issues: Cyber-security, remote meetings & going public via a Spac
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JONES DAY TALKS®: Cyber Risks: A False Sense of Security - Episode 1 | Jones Day

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Cybersecurity risk is evolving and expanding. Traditionally, cybersecurity risk has been equated with cyber attacks and associated legal consequences. That risk is undoubtedly real: All internet connected systems remain vulnerable to increasingly sophisticated, persistent threat actors, including nation states and well-funded criminal organizations, who can circumvent even robust defenses to intrude into systems and expose companies to a wide variety of regulatory investigations and litigation. But companies increasingly face See more +
Cybersecurity risk is evolving and expanding. Traditionally, cybersecurity risk has been equated with cyber attacks and associated legal consequences. That risk is undoubtedly real: All internet connected systems remain vulnerable to increasingly sophisticated, persistent threat actors, including nation states and well-funded criminal organizations, who can circumvent even robust defenses to intrude into systems and expose companies to a wide variety of regulatory investigations and litigation. But companies increasingly face cybersecurity legal risk even absent a data breach. Emerging theories of liability – largely arising from inconsistencies between representations companies make about their cybersecurity and their actual cybersecurity posture – are presenting new, substantial civil and potentially criminal legal exposures for companies.

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