Technical update: Stepping stone liability of directors for cyber incidents

An article on cyber risk governance, co-authored by Insurance partner Jenny Yu and associate Ken TL Lam, has recently been reprinted by CGj. The article explored directors’ personal accountability for regulatory breaches through the lens of “stepping stone liability.” Jenny and Ken outlined relevant law enforcement and regulatory trends across major jurisdictions, while providing insights into precautionary measures the board can adopt to mitigate associated risks.