Do You Have the Best D&O Policy?
A comprehensive D&O policy has become crucial for executives these days. It protects their personal assets from litigation that might arise from allegations of a breach of fiduciary duties or a securities law violation. Lawsuits like this are expensive to defend even when you’re found completely innocent of all charges. These lawsuits can badly damage someone’s reputation while exposing them to substantial personal liability. That’s just one reason why it’s so important to have the very best D&O policy.
Director and Officer Liability Insurance
As proven in recent years, cyber thieves can hack into any database including the federal government’s. Accurate, fast communications are imperative. Though companies are taking steps to secure their data, the cyber thieves seem to be one step ahead. An exceptional D&O policy will not only protect your personal assets from these threats, but it can also give you peace of mind.
Board Communication During Break-ins
Though excellent D&O protection is important, Cybernance focuses on the human element. We help your executives demonstrate a higher level of cybersecurity understanding to stakeholders. We understand that stronger technology can mitigate risks, but often it’s a simple matter of managers staying active and aware of their responsibilities.
Once you have the board, managers and IT teams all collaborating and on the same page, you can identify and correct weak areas. You can say with all sincerity, that your corporation is working tirelessly to improve the cybersecurity infrastructure. Cybernance delivers new insights and support to your executives. Please contact us to learn more.
Get more in-depth coverage with the Cybergovernance Journal
In times of a cyber breach, fast communications are crucial to stop it. Yet many corporate heads are not sure how to handle the cyber risk issue.
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