Address two important cybersecurity questions

first_img continue reading » 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In recent years, governmental agencies and the legal system have demonstrated decreasing degrees of leniency toward organizations with cybersecurity shortcomings—whether in their actual defenses, or even misrepresentations of those defenses.Some enforcement actions have included fines of $100,000 or more, and in many jurisdictions plaintiffs no longer need to demonstrate actual damages for the courts to consider their lawsuits.Against that backdrop, Patrick Sickels of CU Answers says credit union boards must ask two crucial questions: “Do you have a problem with your cybersecurity defenses, or are you misrepresenting your cybersecurity practices to the public?” he says. “Either one of those can get you into some pretty significant hot water.”The regularity of major incidents in recent years has stripped some of the shock value from breaches, and has changed the way organizations view and structure their defenses.last_img