Guest Post: Time to Face the Music – Cyber Risk is D&O Risk – And Things Are Getting Worse!

Management liability claims have been raised against companies that have experienced cybersecurity incidents. In a guest post on D&O Diary, Paul Ferrillo and Chris Veltsos, the authors argue that cyber risk is in fact D&O risk and that the risk is growing. The authors also suggest a 10-step plan to grapple with the risk.

Paul is a shareholder in the Greenberg Traurig law firm’s Cybersecurity, Privacy, and Crisis Management Practice. Chris is a professor in the Department of Computer Information Science at Minnesota State University, Mankato where he regularly teaches Information Security and Information Warfare classes.