Cybersecurity is a growing concern for boards as breaches target all kinds of companies.
“It's not just financial services firms or regulated companies – everyone is interested now,” said Kimberly Peretti, partner and co-chair Alston & Bird’s Security Incident Management and Response Team.
“You don’t want to over alert. But, then again, you don’t want to paint too rosy a picture,” said Peretti on notifying boards of risks. “The goals should be to create meaningful and consistent reporting that establishes credibility and paints an honest and accurate picture.”