X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
(L to R) Joshua A. Mooney and Richard M. Borden, White and Williams (Photo: Courtesy Photo) (L to R) Joshua A. Mooney and Richard M. Borden, White and Williams (Photo: Courtesy Photo)

The likelihood of meaningful federal cybersecurity legislation in 2020 remains suspect. Yet, developments in 2019 show that cybersecurity regulation is headed toward a Sarbanes-Oxley model with or without congressional input. The Sarbanes-Oxley Act (SOX) had a significant effect on corporate governance in the United States by requiring public companies to strengthen audit committees, perform internal controls tests, and make directors and officers personally liable for the accuracy of financial statements. For SOX certifications, the act requires that an organization’s senior officer personally certify the accuracy of the company’s financial reports. A false certification can implicate personal liability. Regulation of cybersecurity is taking a similar approach.

This premium content is locked for
Delaware Business Court Insider subscribers only.

Already have an account?
Interested in customizing your subscription with Law.com access?
Contact our Sales Professionals at 1-855-808-4530 or send an email
to groupsales@alm.com to learn more.

Law Firms Mentioned

 

Information Security Law: Control of Digital AssetsBook

An essential tool for any lawyer or businessman concerned about liability from data security breaches or SOX violations. Warren E. Agin, Swiggart Agin, LLC I...

Get More Information
 

General Counsel Summit (GCS) 2020Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 

General Counsel Summit (GCS) 2020Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 

General Counsel Summit (GCS) 2020Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 

General Counsel Conference 2020Event

General Counsel Conference addresses trends in regulatory, data protection, tech management, legal operations, and leadership.

Get More Information
 

General Counsel Conference 2020Event

General Counsel Conference addresses trends in regulatory, data protection, tech management, legal operations, and leadership.

Get More Information
 

General Counsel Conference 2020Event

General Counsel Conference addresses trends in regulatory, data protection, tech management, legal operations, and leadership.

Get More Information
 

Women, Influence & Power in Law (WIPL) 2020Event

WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues.

Get More Information
 

Women, Influence & Power in Law (WIPL) 2020Event

WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues.

Get More Information
 

Women, Influence & Power in Law (WIPL) 2020Event

WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.