Cybersecurity is all the rage. It provides the plot to James Bond movies, headlines news reports and prompts presidential orders. Among other things, the cyber threat ''represents one of the most serious national security challenges (the United States) must confront.’’ The deliberations of corporate boards of directors should be no exception to the furor. This article examines the current status of cybersecurity standards, insurance for cyber risks, and how insurance may or may not inform a board's standard of care.
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To read the original article: VC Experts | Cybersecurity: Moving Toward a Standard of Care for the Board - Part I
