The D&O Diary

The D&O Diary

A PERIODIC JOURNAL CONTAINING ITEMS OF INTEREST FROM THE WORLD OF DIRECTORS & OFFICERS LIABILITY, WITH OCCASIONAL COMMENTARY

Tag Archives: D&O liability for cyber breaches

Target Directors and Officers Hit with Derivative Suits Based on Data Breach

Posted in Cyber Liability, Director and Officer Liability
  I have frequently noted that among the many exposures a company experiencing a data breach could encounter is the possibility of a shareholder suit alleging that the company‚Äôs board breached their fiduciary duties by failing to take sufficient steps to protect the company from a breach and its consequences. This possibility has now been … Continue Reading

Cyber Breach Disclosures and the Impact on Companies’ Share Prices

Posted in Cyber Liability
The possibility of securities litigation following the disclosure of  a cyber security breach has been a topic of significant recent attention, including on this site. There already have been securities class action lawsuits filed following significant cyber breaches, at least in some cases. More recently, however, the stock prices of several major companies that recently … Continue Reading