You join the board of a regional healthcare system. Then the organization is hit with a major cyberattack exposing confidential patient medical records.
Several highly visible executives in the community have their private medical information released publicly. They claim the breach damaged their careers, reputations, and financial well-being—and they sue both the healthcare system and its board.
You’re on the board.
Are You Prepared to Respond?
Board members are increasingly being named in lawsuits involving:
- Cybersecurity failures
- Data privacy breaches
- Governance oversight claims
- Risk management failures
Many founders, investors, and executives assume the organization’s insurance fully protects them—until a serious claim occurs.
Healthcare cyber claims can quickly become complex, public, and extremely expensive.
Before joining a board, it’s critical to understand:
- Directors & Officers (D&O) liability protections
- Cyber liability coverage
- Indemnification provisions
- Potential personal exposure
If you serve on a board—or are considering joining one—I’d be happy to discuss ways to strengthen your insurance and risk management strategy and help you avoid costly surprises before a claim happens.