Did the board of directors and top corporate officers do enough to prevent and address the cyberattack?
For corporate counsel, this is the key legal question when it comes to cybersecurity risk. Following highly publicized data breaches such as those of Target Corp., the Wyndham hotel chain and Home Depot, shareholders, vendors and consumers are increasingly filing lawsuits alleging that the company’s board of directors and executives did not do enough to protect its data.
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