Cybersecurity: What Keeps Us Up At Night

According to a 2019 survey, Chief Legal Officers ranked data breaches as the most important issue keeping them "up at night." ¹ Cybersecurity also remained top of mind for boards and other corporate stakeholders, particularly given the increasing reputational, regulatory and litigation consequences that often follow from a significant cybersecurity incident.

Major Data Breaches in 2019

Last year saw a continued steady stream of major cybersecurity incidents, including:

• The compromise of personal and financial information for approximately 100 million Capital One customers.
• The exposure of 885 million bank records from First American Corporation.
• Quest Diagnostics' disclosure that approximately 7.7 million patients' personal and financial data had been accessed through its external collection agency.