Combating Cybersecurity Risks in the Boardroom
Sep 2, 2021
Discover the ways to combat and mitigate cybersecurity risks when it comes to data security within the boardroom.
- I. Cybersecurity in the Boardroom
The number of security threats being encountered on a global basis has increased in the previous years, and the issue of cybersecurity has become a mainstay in discussions within the boardroom. Recent cyber attacks experienced by top companies have made directors from companies worldwide feel uneasy about their organization’s preparedness in mitigating these digital risks.
- II. Cybersecurity Best Practices
With security breaches becoming a “when” rather than an “if” scenario, boards must embrace this new reality and take a proactive approach. Directors not only should start to provide oversight of an organization’s cybersecurity, but must set an concrete example of best security practices from the top.
- III. Cybersecurity as a Top Priority
While cybersecurity is a top-of-mind issue for corporate boards and senior management, they should also become active agents in advocating for its awareness as an enterprise-wide risk management concern.