Source: Michigan Technology Law Review 

The socioeconomic ramifications of a single cyber-attack are extensive. These include financial harm, government investigations, regulatory fines, public backlash, negative industry reputation, and even shareholder lawsuits. Given that cybercrime and data-based terrorism are an increasingly prevalent aspect of digital life, all companies that operate in critical infrastructure industries should exercise responsible institutional governance. Fortunately, they can achieve this by deploying DHS-approved cybersecurity programs to protect their reputation and limit the potentially devastating effects of cyber-attacks.*

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