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.
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Emily Freeman Executive Director Technology and Media Risks 011 44 20 7933 2224 emilyfreeman@uk.lockton.com
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William Boeck
Senior Vice President Insurance & Claims Counsel 816.960.9670 wboeck@lockton.com
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Chris McBee Senior Vice President Financial Services Unit Manager 214.969.6727 cmcbee@lockton.com
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