The Imperative of D&O Insurance for CISOs: Shielding Leadership from Liability
CISOs bear the immense responsibility of safeguarding a company's information assets, a task that becomes more complex with each passing day. As cyber threats grow in sophistication and frequency, the decisions made by CISOs carry significant weight. One critical aspect that often gets overlooked, however, is the protection of the CISO's personal and financial liability. This is where Directors and Officers (D&O) insurance steps in as a crucial safeguard. Understanding the Scope of D&O Insurance D&O insurance is designed to protect corporate directors and officers from personal losses if they are sued as a result of serving as a director or an officer of the organization. This type of insurance can cover legal fees, settlements, and other costs that might arise from lawsuits related to their corporate roles. For CISOs, whose decisions and actions are increasingly under scrutiny, D&O insurance is not just beneficial-it's essential. Why CISOs Are at Risk…