FTC Lessons Learned: Corporate Board Oversight
By EsqSocial Corporation 07/05/21
On April 28, 2021, the FTC issued a business alert reminding corporate boards to make data security a priority and to advocate implementing a top-down approach to the issue. The alert warns: “In addition to the significant costs to consumers, data breaches, network intrusions, and looming cyber threats can open up a firm to substantial financial costs, reputational hits, and legal liability.” The Business Alert suggests that data security begins with corporate Board of Directors instead of the...
By: Hinshaw Privacy & Cyber Bytes - Insights on