Board Level Cybersecurity: Mitigating Legal Risks

Board Level Cybersecurity: Mitigating Legal Risks


Okay, so, board level cybersecurity, right?

Board Level Cybersecurity: Mitigating Legal Risks - managed it security services provider

  • managed service new york
  • managed services new york city
  • check
  • managed service new york
  • managed services new york city
  • check
  • managed service new york
  • managed services new york city
  • check
It sounds super technical and complicated, and honestly, sometimes it is! But at its core, its about making sure the folks at the top (the board of directors) understand the legal risks that come with not taking cybersecurity seriously. I mean, like, REALLY seriously.


Think about it.

Board Level Cybersecurity: Mitigating Legal Risks - managed services new york city

    If a company suffers a massive data breach because, say, they didnt bother with proper encryption, whos going to be held responsible? Not just the IT guy (though he might get a talking to), but potentially the board. Theyre the ones ultimately responsible for overseeing the companys operations and ensuring its compliant with laws and regulations. (Which, lets be honest, includes data protection laws like GDPR and CCPA!)


    There are a bunch of legal risks that boards need to be aware of. managed service new york First, theres liability for data breaches themselves. If customer data is stolen, the company could face lawsuits from those customers, fines from regulators, and a whole heap of bad press. (Nobody wants that kind of attention!).

    Board Level Cybersecurity: Mitigating Legal Risks - managed services new york city

    • managed it security services provider
    • check
    • managed service new york
    • managed it security services provider
    • check
    Then, theres the risk of being sued by shareholders if the companys stock price plummets after a major security incident. And dont even get me started on the potential for criminal charges if the company is found to have been negligent in its security practices.

    Board Level Cybersecurity: Mitigating Legal Risks - managed service new york

    • check
    • check
    • check
    • check
    • check
    • check
    Its a mess!


    So, how do boards mitigate these legal risks? Well, it starts with education. Board members need to understand the basics of cybersecurity and the threats that the company faces. They need to ask tough questions of their IT teams and demand clear, concise answers. They also need to make sure the company has a robust cybersecurity plan in place that is regularly reviewed and updated. (And, like, actually followed!)


    This plan should include things like incident response procedures (what to do if a breach occurs), data breach notification policies (who to tell and when), and employee training programs (to teach employees how to spot phishing emails and other threats). Furthermore, the board should actively monitor the companys cybersecurity posture and receive regular reports from the IT department. They should also consider hiring external cybersecurity experts to conduct independent assessments and provide advice.


    Basically, board level cybersecurity isnt just an IT issue – its a business imperative and legal responsibility. By taking cybersecurity seriously and proactively mitigating legal risks, boards can protect their companies from financial losses, reputational damage, and legal liabilities. Its a tough job, but someones gotta do it!

    Board Level Cybersecurity: Mitigating Legal Risks - managed service new york

    • managed service new york
    • check
    • managed service new york
    • check
    • managed service new york
    • check
    • managed service new york
    (And it might as well be them!). It is also important to remember to update your software!