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At a recent audit committee meeting we were briefed by our Big Four accounting firm on cyber-risk. They referenced a two-page notification from the Director of the Cybersecurity and Infrastructure Security Agency, Jen Easterly, sent to Directors on February 25, 2022 urging Corporate Directors to be mindful and prepared for cyber-risks during the evolving Ukraine crisis. (See link: Urgent Letter from the Director of CISA addressing NACD Members – February 25, 2022 (nacdonline.org)) The communication from Director Easterly expresses heightened cyber-risks emanating from Russian threat actors acting perhaps in retaliation against economic and other sanctions.
It’s highly unusual for a government agency (CISA) to reach out directly to corporate board members.
Additionally, on March 9th, 2022 the SEC issued a 129-page cyber…
