The Board's Role in Cyber Risk Oversight
Cyber risk has emerged as one of the top issues keeping directors awake at night and is also an area where directors feel least confident in its management. It has the potential to impact your organisations’ financials, regulatory compliance and reputation, as well as having material impacts for customers, staff and business partners.
We will cover:
- Why cybersecurity is not an IT issue.
The right questions to ask of your CIO to understand:
- your cyber exposure;
- Mitigations; and
- if you are discharging your fiduciary duties.
- The concept of a ‘cyber culture’ and how this can be the most powerful risk control of all.
This is an opportunity to dispel some of the mystery surrounding cyber risk and learn some practical actions you can take immediately to better manage your risk, whether you are a director or executive at an NFP or public agency.