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Inside Internal Controls

News and discussion on implementing risk management

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cyber defence

Cyber and the board

There’s an interesting article in the Harvard Law School Forum on Corporate Governance and Financial Regulation. What the Capital One Hack Means for Boards of Directors has some interesting insights that merit the attention of risk, cyber, audit, and governance practitioners.

 

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A proactive approach to cyber risk management

It is not sufficient to say that cyber risk is high, medium, or low. The leaders of the organization need to be able to figure out what is the right level of resources to allocate to cyber defense and response; what is the right level of attention at board and executive committee level; and what should be communicated to shareholders and others.

 

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