Board directors are under increasing regulatory and legal pressure to ensure that clients and their companies are protected from a cyber breach. In Corporate Board Member, Raj Patel outlines six steps to guard against cyberattacks and prevent a worst-case scenario.
Until a crisis erupts, cybersecurity issues don’t get a lot of attention in many corporate board rooms. The topic is often viewed as a box to be checked while directors devote their real focus to the business’s core financial numbers and goals.
Based on my experience interacting with a variety of boards on cybersecurity threats, I’d give them an overall C grade on their level of knowledge, preparedness, and engagement.
That’s simply not good enough anymore.