Threat Of Personal Liability Has CISOs Sweating
ITProToday, Friday, December 13th, 2024
With increased scrutiny, boards need to ramp up support for CISOs
CISOs are feeling the pressure over stories of their peers being held personally liable for cybersecurity incidents.
In the most notorious example, the US Securities and Exchange Commission (SEC) last year announced that it was filing charges against both SolarWinds and its CISO, Tim Brown, amid allegations of "fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities".
While Brown beat the charges earlier this year, others haven't been quite as lucky.