Can a director, trustee, officer, or staff member of an organization be held personally liable for financial losses to a damaged-victim of a cyber-crime attack on their employer’s organization?
Absolutely. That is why it is very important that every director, trustee, officer, or staff member of an organization, by written notice, advise their employer of the need to acquire an ACAP System and comply with FISMA requirements. ACAP offers two important defenses: 1) the standard-of-care” defense and 2) the “assumption-of-the-risk” defense. To protect yourself, your employer organization needs to establish and maintain both of these important defenses. An expanded discussion of this subject is available. See the Home page, click on the “Cyber Security Report.” [back to top] 13 . Can a professional advisor, consultant, contactor, vendor or supplier be held liable for the failure of a customer or client organization to provide adequate cyber-security of protected information? Absolutely. Anyone with access rights to a customer or client organization’s protected information can be the actual or alleged access pathway used by a cyber-criminal to enter the customer or client organizat
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