|
A pension scheme http://mariascakes.com.au/curvier-you-pills-buy-8392.pdf#restoration curvier you plus Due to the evolving nature of the risk, there is a lack of authority discussing the scope of a board’s obligation to address cybersecurity. Obviously, directors’ fiduciary duties will extend to the protection of significant digital assets. The more difficult question to answer is: What are the contours of a director’s fiduciary obligation when it comes to cybersecurity? Can the board simply rely upon its IT department to address cybersecurity, or do directors have an obligation to educate themselves on the nature of their company’s technology? Should boards place responsibility for cybersecurity with the audit committee or establish a separate cybersecurity committee? Should cybersecurity be a topic of every board meeting or addressed only when there is a breach?
|