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Coercing Companies to Name Security-Savvy Directors

Legislation could put pressure on publicly traded companies to add cybersecurity expertise to their boards of directors. The Cybersecurity Disclosure Act wouldn’t require companies to have cybersecurity-savvy board members but would mandate that they report in their Securities and Exchange Commission filings. Two-thirds of some 200 board members from some 200 companies say they lack confidence that their companies are properly secured against cyberattacks. The bill has been assigned to the Senate Banking, Housing and Urban Affairs Committee, but no hearings or votes on the measure have been scheduled.”]

Source: https://www.govinfosecurity.com/coercing-companies-to-name-security-savvy-directors-a-8831

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