Lawyers offer advice to CEOs in wake of data-breach rulings

Recent developments in several high-profile data-breach lawsuits offer some insights for corporate managers for avoiding the legal pitfalls of being the victim of hack, according to lawyers at the firm Hogan Lovells.

“The potential for litigation against directors and officers following data breaches remains a serious concern,” according to an Aug. 15 “Litigation Alert” by the firm.

The lawyers examine the lessons from the recent dismissal of four shareholder derivative lawsuits against the directors and officers of Target Corporation...