A Norton Rose survey identifies cybersecurity as an area of concern for litigation by corporate General Councel.

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A Norton Rose survey identifies cybersecurity as an area of concern for litigation by corporate General Councel. With Financial institutions increasingly feel more vulnerable to cybersecurity-related disputes as compared to other industries, with 79% of financial institution respondents reporting feeling more exposed to Cybersecurity/Data protection disputes versus 2020. The SECs cybersecurity risk management proposal adds cyber into the G of ESG.

As ‘left of bang’ regulatory and compliance programs gather pace, cybersecurity risk management will become a greater concern. As regulators focus their attention on cybersecurity compliance, strategy, governance and incident reporting.

Ted Dziekanowski

#legal #cyberrisk #cybersecurity #governance #regulation #sec

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