As the world becomes more interconnected, the number and scope of cybersecurity threats have multiplied. Cybersecurity breaches are no minor inconvenience. In 2021, 83% of organizations that manage critical infrastructure experienced a cyber attack. Yet, the biggest concern comes from the responses from company leadership.

That same study found that 73% of CISOs and CIOs indicated a high level of confidence that their company would not be victims of a breach in the coming years. This considerable disparity between the perception and the reality of threats has signaled to regulators a need for change. Regulators have begun to instill stricter regulations, holding companies and therefore CISOs accountable for ethical and timely disclosure of cyber breaches.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]