Memorandum, to the CEO Charles Encatre. Your memo should have at least two scholarly resources to support your rational. Your memo should include the following:

Identify any applicable federal, California, and New York state laws imposed on businesses when PII is stolen

Determine whether the board members' sentiment that not purchasing the $1 million in software security is an acceptable risk?

Make a compelling argument as to whether or not a shareholder vote is needed to implement a $1-million-dollar security software program. Make sure to justify your reasoning.