TLDR: Data breach consequences now include personal liability for executives, shifting focus from corporate fines to potential jail time. Recent SEC actions against company CISOs highlight the importance of proper risk documentation and transparency. Effective governance requires active risk management and clear communication between legal, IT, and compliance teams to prevent negligence claims.
https://programminginsider.com/will-the-next-data-breach-cost-you-your-freedom-not-just-your-bonus/