The mandate has been made: senior management must get their cyber houses in order. Regulators are not mincing words—or actions. Investigate how officers and directors have been targeted in high-stakes derivative and securities class actions over compromised sensitive information. Take stock of eight-figure settlements and regulatory proceedings. Determine the consequences if boards, officers and directors fail to actively manage breaches, malware, ransomware and other cyber incidents. Compile the protection you can offer, including cyber and directors and officers (D&O) insurance coverage.