The security of electronic information systems has become such a heightened concern that corporate boards, not just CEOs, are focusing on the subject, Security Magazine advises.
Congress, too, is concerned. “Late last year a bill was introduced in the U.S. Senate,” Security reports, “that is getting attention and not just in the United States. It is called the Cybersecurity Disclosure Act of 2015. The bill wants all publicly traded companies to disclose whether or not any member of the board of the publicly traded company has expertise or experience in cybersecurity…” If not, it adds, in effect, why not?