High School

When is a Senior Manager responsible for a firm's breach? When is a Senior Manager not responsible for a firm's breach?

Answer :

Final answer:

A Senior Manager is usually held responsible for a firm's breach if it happens under their supervision and they failed to prevent it by taking reasonable steps. However, they won't be held responsible if they can prove that they took all the necessary measures to prevent the breach.

Explanation:

A Senior Manager is typically responsible for a firm's breach when it occurs under their supervision and they failed to take reasonable steps to prevent it. If a breach occurs due to the manager's lack of oversight, inadequate safeguarding of company resources, or violation of company policy, then the manager could be held responsible.

However, a Senior Manager may not be held responsible if they can demonstrate that they took all reasonable steps to prevent the breach. This may include ensuring proper training and implementation of reliable safeguards, maintaining a consistent level of supervision, and adhering to all company policies and industry standards.

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