Chancery Court Addresses Board Responsibility Under Caremark for Cybersecurity Risk
Harvard Corporate Governance
NOVEMBER 17, 2022
6, 2022) ( SolarWinds ), the Delaware Court of Chancery dismissed a derivative suit asserting Caremark claims against the directors of SolarWinds Corporation for their alleged failure to oversee the company’s cybersecurity risk. The court acknowledged the growing and consequential risks posed by cybersecurity threats. Bingle (Sept.
206 
Let's personalize your content