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Passcode Who should take the fall after a corporate hack? It may soon be the CEO

A survey of 200 public companies shows that corporate boards are becoming more concerned about cybersecurity and are willing to hold top executives accountable for data breaches.

AP/File

Data breaches can cost companies hundreds of millions of dollars, erode shareholder value, and indelibly tarnish corporate reputations. Yet, chief executives and other top brass at organizations that suffer such incidents have remained largely immune from the fallout.