Security leaders fear liability risks as regulators target cyber defense failures

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Security leaders fear liability risks as regulators target cyber defense failures
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Regulators are showing a new willingness to hold CISOs liable for cyberattacks, data breaches.

Top security executives are preparing to face higher stakes and more red tape in their jobs as regulators increasingly crack down on security failures.against software company SolarWinds and its top security executive, Timothy Brown, for misleading investors about the state of the company's cyber defenses in the years leading up to a

Now, executives are worried that any statements they make early in their incident response, or even in the years before an attack, will lead to legal problems years later — as it has for SolarWinds.about the SolarWinds' charges, arguing they will lead "the private sector to become afraid to work closely with the government" after an attack."I'm worried that ...

"The commonality between these two is lots of people reading a headline saying, 'CISO indicted for doing their job,' but that's not what was in the Joe Sullivan case," Williams said. "It's not what's in case either."Sometimes those upgrades can be at odds with the company's other business plans, Stapleton said, and CEOs will choose to "roll the dice" and put off those investments.

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