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IMPLICATIONS OF THE NEW SEC GUIDANCE ON CYBER SECURITY



Cyber Risks Connect with Directors and Officers 

The Securities and Exchange Commission (SEC) has changed the cyber security playing field for directors and officers. No less than the Chairman of the U.S. Senate's Commerce Committee has said that the new guidance issued by the SEC "fundamentally changes the way companies will address cyber security in the 21st century." He is right!

For the past five years, IT security, privacy legal professionals, and internal audit have focused on direct and indirect cyber risks. At Lockton, we have seen increasing inquiries from insurance and risk management professionals for advice and insurance. The SEC's guidance will now require company directors and officers to pay increased attention, too. 

Lockton cyber security experts, Emily Freeman, Bill Boeck and Chris McBee expand on this guidance and what directors and officers need to be aware of.  Read the white paper here. 

Emily Freeman

Bill Boeck

Chris McBee

Emily Freeman
Executive Director
Technology and Media Risks
011 44 20 7933 2224
emilyfreeman@uk.lockton.com

  William Boeck 

Senior Vice President
Insurance & Claims Counsel
816.960.9670
wboeck@lockton.com

 Chris McBee
Senior Vice President
Financial Services Unit Manager
214.969.6727
cmcbee@lockton.com