International and U.S.corporations must be well advised regarding specific regulations and laws that affect cybersecurity decisions because the Board of Directors must perform due diligence to avoid regulatory neglige...International and U.S.corporations must be well advised regarding specific regulations and laws that affect cybersecurity decisions because the Board of Directors must perform due diligence to avoid regulatory negligence and lawsuit liability.Depending on the standards and the regulations that do define reasonable care,the corporate director is faced with the challenge of determining how and what cybersecurity laws apply.Then,directors can institute best cybersecurity management practices.This paper provides guidance regarding the application of the law in the areas of cyber security for the international corporations interacting with the European General Data Protection Regulations(GDPR),the California Consumer Privacy Act(CCPA),and recent Federal Trade Commission(FTC)administrative agency rulings.Reading this paper is worth your time because it will inform you of the legal challenges that international and domestic corporations face in making decisions about spending capital to manage cybersecurity and at the same time perform due diligence.In other words,if there is a cybersecurity breach,this paper will provide insights into what law must be followed by the corporation enabling the best management decisions assuring adequate response,compliance,thereby avoiding unnecessary liability risk.The paper also provides reflections about whether the GDPR serves as a better legal comprehensive regulatory model rather than the recently enacted laws in the U.S.展开更多
The U.S.and the international business community is in a crisis regarding ransomware attacks and cybersecurity policing/regulation.Based on recent events,state sponsored cyber hackers have made it their mission to hol...The U.S.and the international business community is in a crisis regarding ransomware attacks and cybersecurity policing/regulation.Based on recent events,state sponsored cyber hackers have made it their mission to hold the information security world hostage extorting money for a returning of data systems to normal functioning.This paper examines the challenges for the global business community regarding the scope of the attacks,the current state of the law in the U.S.intended to provide current information to the international business community,illustrate the challenges for regulators and the courts,illustrate the recent progress of the criminal investigatory aspects of apprehending cybercriminals,report on the non-delegable duties of decision makers in the international community doing business in the U.S.,and demonstrate the potential solutions to this evolving international crisis.It is worth your time to read this paper for the following reasons:1.Understanding the risks and the scope of the problem moving forward with doing business in the U.S.;2.communicating recent developments fostering cooperation and contributing to mediating cybersecurity events for international corporations;and 3.providing information on the current state of the law by the U.S.Supreme Court pointing out the relevant and the consequential outcomes of the legal system leading to potential smart solutions for planning business decisions.展开更多
文摘International and U.S.corporations must be well advised regarding specific regulations and laws that affect cybersecurity decisions because the Board of Directors must perform due diligence to avoid regulatory negligence and lawsuit liability.Depending on the standards and the regulations that do define reasonable care,the corporate director is faced with the challenge of determining how and what cybersecurity laws apply.Then,directors can institute best cybersecurity management practices.This paper provides guidance regarding the application of the law in the areas of cyber security for the international corporations interacting with the European General Data Protection Regulations(GDPR),the California Consumer Privacy Act(CCPA),and recent Federal Trade Commission(FTC)administrative agency rulings.Reading this paper is worth your time because it will inform you of the legal challenges that international and domestic corporations face in making decisions about spending capital to manage cybersecurity and at the same time perform due diligence.In other words,if there is a cybersecurity breach,this paper will provide insights into what law must be followed by the corporation enabling the best management decisions assuring adequate response,compliance,thereby avoiding unnecessary liability risk.The paper also provides reflections about whether the GDPR serves as a better legal comprehensive regulatory model rather than the recently enacted laws in the U.S.
文摘The U.S.and the international business community is in a crisis regarding ransomware attacks and cybersecurity policing/regulation.Based on recent events,state sponsored cyber hackers have made it their mission to hold the information security world hostage extorting money for a returning of data systems to normal functioning.This paper examines the challenges for the global business community regarding the scope of the attacks,the current state of the law in the U.S.intended to provide current information to the international business community,illustrate the challenges for regulators and the courts,illustrate the recent progress of the criminal investigatory aspects of apprehending cybercriminals,report on the non-delegable duties of decision makers in the international community doing business in the U.S.,and demonstrate the potential solutions to this evolving international crisis.It is worth your time to read this paper for the following reasons:1.Understanding the risks and the scope of the problem moving forward with doing business in the U.S.;2.communicating recent developments fostering cooperation and contributing to mediating cybersecurity events for international corporations;and 3.providing information on the current state of the law by the U.S.Supreme Court pointing out the relevant and the consequential outcomes of the legal system leading to potential smart solutions for planning business decisions.
