CIOs and CISOs beware—data mismanagement at your company could land you in hot water, Bloomberg BNA reports, citing Donna Seymour, CIO of the U.S. Office of Personnel Management (OPM) and her inclusion in an OPM lawsuit as precedent for the treatment of CIOs after a breach. “More and more, CIOs and CISOs will be personally accused for their actions, and inactions, prior to and during, cyber-events, and personally named as parties in lawsuits,” the report continues. “It will be argued that the CIO and/or CISO, by dint of their role and purported expertise, assume a fiduciary duty to the shareholders and to those whose information they are supposed to protect, requiring the installation, monitoring and modification/updating of appropriate cybersecurity measures.”
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