Recent Posts

Taking Control of Cybersecurity: A Practical Guide for Officers and Directors
Posted on 7 Jul 2015 by Foley & Lardner LLP

Major cybersecurity attacks of increased sophistication — and calculated to maximize the reputational and financial damage caused to the corporate targets — are now commonplace. These attacks have catapulted cybersecurity to a top priority... Read More

Data Breach-Related Derivative Lawsuit Filed against Home Depot Directors and Officers
Posted on 10 Sep 2015 by Kevin M. LaCroix

In early 2014, when plaintiffs initiated data breach-related derivative lawsuits against the boards of Target Corp. ( here ) and Wyndham Worldwide ( here ), there was some speculation that these cases might be the first of what could become a wave of... Read More

Book Review: Cyber Risks, Social Media and Insurance
Posted on 28 Sep 2015 by Kevin M. LaCroix

We live in a world in which rapidly shifting technologies and communications modalities have changed the way we interact and conduct business. These new media and means of interaction have introduced innumerable benefits and efficiencies. Unfortunately... Read More

Will Investors Sue Over the Sony Hack Attack?
Posted on 7 Jan 2015 by Kevin M. LaCroix

As I noted in my recent rundown of the top D&O stories of 2014, one of the most important developments during the year just finished was the emergence of cyber security as a D&O liability concern. During 2014, plaintiff shareholders launched cyber... Read More

When Data Hacks Lead to D&O Lawsuits, Actual and Threatened
Posted on 1 Sep 2015 by Kevin M. LaCroix

Many observers, including even this blog, have speculated whether the rising wave of data breaches and cyber security attacks will result in litigation against the directors and officers of the affected companies. Indeed, in 2014, there were two sets... Read More