Week after week, month after month, shareholder cyber lawsuits hit the news. Capital One settles for $190 million. A class-action lawsuit was filed against Ultimate Kronos Group for alleged negligence regarding a ransomware attack, identifying a poor cybersecurity system as the root problem. These two recent news items underscore the risks companies face in their ongoing war against cyber threats. Companies that get breached continue to struggle with immediate and obvious impacts: downtime, loss of … More
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