One of the foremost uncertainties in securities and corporate governance litigation is the extent to which cyber security will become a significant D&O liability issue. Although many practitioners have been bracing for a wave of cyber security D&O matters, to date there has been only a trickle.
We remain convinced that a wave is coming, perhaps a tidal wave, and that it will include not just derivative litigation, but securities class actions and SEC enforcement matters as well….
via 5 Securities Litigation Issues to Watch in 2016 | D&O Discourse