CORPORATE BOARDS & CYBER SECURITY – NEW AGE LEGAL RESPONSIBILITIES
Being a member of a board of directors of a company today is not an easy task. Not only does it involve huge elements of pressure in decision making but more significantly, with the passage of time, a new distinct kind of responsibility is being expected from the boards of companies. The advent of cybersecurity and the massive increase in cybersecurity breaches have ensured that protection and preservation of cybersecurity is increasingly being seen as a responsibility of boards of the companies. So significant is cybersecurity for the day-to-day systems and operations of any company that different legislative frameworks and statutory bodies are now increasingly coming up with the new stipulations, for the boards for protecting and preserving cybersecurity.
This book seeks to analyze what’s the current legal jurisprudence concerning the responsibility of boards of companies for protecting cybersecurity; what is the international position in this regard; what are the distinct legal approaches in different countries; what is the evolving jurisprudence in this regard; and what are the international perspectives that are emerging in this context- these and other questions are sought to be covered by the present book. This present book should be handbook for every member of boards of management of any company, who needs to know about the impact of cybersecurity on the responsibility of the present day board.
This book should guide members of the boards of companies on what kind of due diligence they need to keep in mind and implement in their day-to-day operations as board members in their respective companies, so as to protect and preserve cybersecurity. Increasing legal exposure of boards members in different jurisdictions is only pointing out one clear message. The message is that with each passing day, boards of companies will increasingly be made responsible for lack of appropriate due diligence in preventing cybersecurity breaches. Cybersecurity breaches are the new norm of the day . Hence, in this context, constant innovative approaches and imaginating thinking has to be adopted by boards of companies, as they go forward in protecting and preserving cybersecurity of not just their company’s computers, computer networks but also computer resources as also corporate data and confidential information.
This is one area that’s constantly evolving. Lot of jurisprudence in this regard is likely to further evolve as different statutory authorities in different parts of the world are increasingly stipulating new norms of behavior to be followed for preventing cybersecurity breaches for companies.
I hope this book should be of value to all members of boards of managements of companies as also all stakeholders in the corporate ecosystems who are today struggling with how to deal with the challenges posed by emerging cybersecurity breaches. I hope this book should be of value to all lawyers, legal professionals and other stakeholders in the corporate and digital ecosystem who are concerned or connected with protection and preservation of cybersecurity in the corporate ecosystem.
This Book is authored by Pavan Duggal (http://www.pavanduggal.com), internationally renowned and acclaimed foremost expert on Cyber Security Law and Cyberlaw, who has been acknowledged as one of the top four cyber lawyers of the world. This eBook’s Author runs his niche law firm Pavan Duggal Associates, Advocates ( http://pavanduggalassociates.com/ ) which is working on all aspects concerning technology and the law.
© Pavan Duggal, 2018
