The boardroom is a critical control in every company’s system of cybersecurity risk management. An ineffective approach to cybersecurity governance creates an overall system of cybersecurity that is weaker than it needs to be—often much weaker. This weakness is unfortunately pervasive across many boardrooms and it fails investors, management teams, other stakeholders and the promise of the digital future.
As economic growth and output continues to grow its dependence upon digital business systems, corporate boards are putting their companies at risk when they are not a high-performing part of the organization’s system of cybersecurity risk.
Too much is at stake for corporate boards to not be leading on these issues. Here are the ten ways boards are setting their companies up for cybersecurity failure:
Number 10: By not understanding or following the standards that exist in cybersecurity governance.
Digital and cybersecurity risk oversight is a developing part of corporate governance. However it is not without standards as standards bodies, regulators and leading practice…
