Preparing For Ransomware Attacks As Part of the Board’s Fiduciary Duty

Managing enterprise cybersecurity risk is a key obligation of a company’s general counsel and board of directors. The rapidly increasing frequency and sophistication of ransomware attacks in particular have made them a pervasive and challenging part of that enterprise risk. Debevoise partner Jim Pastore spoke with Cybersecurity Law Report about what GCs and boards need to know about ransomware and how those stakeholders can effectively fulfill the board’s cyber-related fiduciary duty to the company. Pastore will be a panelist at Skytop Strategies’ Cyber Risk Governance conference on March 16, 2017 in New York. An event discount registration link is available to CSLR subscribers inside this article. See also “How In-House Counsel, Management and the Board Can Collaborate to Manage Cyber Risks and Liability (Part One of Two)” (Jan. 20, 2016); Part Two (Feb. 3, 2016).

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