Crossroads Blog | CYBER SECURITY LAW AND POLICY

Cybersecurity, risk

NACD Cyber-Risk Oversight 2017 Report

Bringing boards up to cyber speed (CSO Online):  A recent report from the National Association of Corporate Directors is intended to help the many board members who do not fully understand the breadth and depth of risks associated with cyber attacks, a recent article said.  The organization surveyed board members and found that only 11% had a high understanding of cyber risks, according to the article.   The article also quotes former DHS Secretary Tom Ridge, who said that directors are focused on financial risk and do not grasp how cyber attacks can affect their bottom line or reputation.  The report is intended to help business leaders learn how to best allocate resources to mitigate risk, the article suggests.  The full article can be read here.  The full report is included in this post.

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