Author Archives for Mike Cote

Let’s Focus on ‘Right Information,’ Not Board Seats

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I watched with interest as Senators Jack Reed (D-RI) and Susan Collins (R-ME) advanced bipartisan legislation that would require companies to disclose whether they have a director with cyber expertise on the board, and if not, why. Regardless of whether it passes, The Cybersecurity Disclosure Act of 2015 has apparently widened the door for shareholders and regulators to increase their pressure on boards and hold them more accountable for being proactive about understanding the company’s cybersecurity risk. As someone who has witnessed the global cybersecurity battlefield at close range for over 14 years, I wholeheartedly agree that boards should increase... Read More