9 of 10 directors support regulator action on cybersecurity

In a study released this morning, nine out of 10 corporate board members said that regulators should hold businesses liable for breaches if they haven’t taken reasonable steps to secure customer data.

This was a surprise to Veracode, the company that conducted the study jointly with the New York Stock Exchange.

“I think they feel that their companies are making reasonable efforts to secure customer data,” said Chris Wysopal, CTO and CISO at Boston-based Veracode “And they want the people who are the bad actors policed. The people who are giving the industry a bad name by not protecting customer data.”

Read full article at CSO magazine.

Article also reprinted in Computerworld.