Tech & Innovation
The hack back bill legitimizes a messy game of revenge for businessesOften, when new regulations are introduced in an industry, they can bear unintended consequences for the future.
Updated July 21, 20227 min read
Often, when new regulations are introduced in an industry, they can bear unintended consequences for the future.
When we think about public companies, it is of course a given that they will require a board of directors. When we think about investor-backed companies—whether via private equity or venture capital—the board is frequently made up of mostly investors, and occasionally augmented by an independent director to bring in some industry experience.
A recent study from the National Association of Corporate Directors highlights that one in five directors is dissatisfied with the quality of cyber-risk information that the board gets from management. Board members who felt their company was properly secured against a cyberattack fell to 37% in 2017 from 42% in 2016.