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This LPD Showcase session will provide profound insight on the work of the Presidential Task Force of the IBA on Cyber Risks, where global experts (legal and non-legal) are working together to present a new, global cyber strategy combining industry (and government) action that addresses the following:

• National level government regulation that goes beyond data privacy rights to require companies to implement flexible, risk-based cybersecurity standards through a governance approach rather than prescriptive requirements;
• International level cooperation that extends these standards among multinational organizations and like-minded, rule-of-law based countries, recognizing that cybersecurity threats are almost always cross-border in nature;
• Company level standards that reflect best practices for a holistic, cross-functional cybersecurity program and a new mindset for senior management and board leadership of strong governance and accountability throughout the organization; and
• Civil level awareness and training regarding liability standards for senior management and boards of directors in protecting against cyber risks.