It would be unreasonable to ask board members to become cyber experts, but they can be guided to understand the associated business risks and benefits.
Boardroom cyber expertise comes under scrutiny (securityintelligence.com)
The best practice is to get members of the board involved in creating the response plan but not in the response itself.
Keep directors out of cyber breach response, risk specialists say | Legal Dive
Let’s delve into the rewind of 2023, exploring five influential trends and threats that molded the cyberthreat landscape and are poised to resonate throughout enterprises in 2024.
Top 5 Cyber Predictions for 2024: A CISO Perspective | Zscaler
Despite increasing data breaches, ransomware attacks, and assorted cyber threats, convincing the Board of Directors to invest in robust cybersecurity isn’t always easy for many businesses. The challenge originates mainly from the need to demonstrate a quantifiable Return On Investment (ROI) from any cybersecurity initiative. Many Boards concentrate on performance indicators, profits, and strategic resource distribution, while cybersecurity primarily focuses on risk mitigation. It is crucial to bridge this communication gap to ensure that the Board understands and acknowledges the significance and value of cybersecurity.
Getting the Board on Board: Explaining Cybersecurity ROI | Tripwire