Survey: Boards Bracing For Cyber Lawsuits, Regulation
ID: 3001e1b9-8c23-5c0c-bcc6-601b66f8d5e4
STIX ID: report--3001e1b9-8c23-5c0c-bcc6-601b66f8d5e4
Feed Name: Security Ledger
A Veracode and NYSE survey of 276 public-company directors finds growing board-level concern about cyber risk and liability, with most respondents supporting regulatory or legal accountability for companies and third-party software providers; boards are preparing for increased lawsuits and regulation and are adopting mitigations such as vendor liability clauses and expanded cyber insurance.
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