Technology

A Directors and Officers ‘Cheat Sheet’ on D&O Cyber Insurance

March 2, 2015

by Mary-Pat Cormier & Jennifer Garner, Bowditch & Dewey, LLP The Wall Street Journal covered  a recent study finding 53% of 277 directors and officers said that  “insufficient preparation to manage cyber threats,” was among top five concerns “‘significantly impact[ing]’ their organizations this year.”  “[E]xecutives recognize the need for ‘cyber resiliency’, . . . it is…

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Considerations on the Use of Electronic Board Portals

February 19, 2015

from Sullivan & Cromwell LLP Board portals and other mechanisms for the electronic dissemination of information to directors of public companies, non-profits and other organizations are in widespread use. Many companies have found that these portals can offer significant benefits, including improved document security, speed and ease of distribution and, for many directors, improved efficiency…

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SEC Says Social Media OK for Company Announcements if Investors Are Alerted

September 19, 2014

from Securities and Exchange Commission April 2, 2013 The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will…

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Taking the Offense Against Cyber Risk

August 6, 2014

Third Quarter 2014 Corporate Board Member by Charles Keenan Companies have stepped up efforts to address cyber risk in recent years, but the increasing speed and growing sophistication of attacks raises the question of how well management and boards can keep up. Within corporate America, there’s a growing realization that large consumer databases and intellectual…

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Five Must-Haves for Going Paperless

December 13, 2013

by Joe Ruck, BoardVantage The advent of tablet devices including the iPad settled the debate about the readiness of technology for the boardroom. Readability and portability improvements addressed long-standing usability concerns about the devices, while advances in the software architecture let the portal map to the existing process necessary for going paperless. With a variety…

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Top 10 Topics for Directors in 2014

December 13, 2013

from Akin Gump U.S. public companies face a host of challenges as they enter 2014. Here is our list of hot topics for the boardroom in the coming year: 1. Oversee strategic planning amid continuing fiscal uncertainty and game-changing advances in information technology 2. Address cybersecurity 3. Set appropriate executive compensation as shareholders increasingly focus…

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