NACD RISK OVERSIGHT ADVISORY COUNCIL
Current and Emerging Practices in Cyber-Risk Oversight
Cyber events have become so prevalent in today’s business world that it’s not a matter of if a company is affected, it’s a matter of when. In a recent NACD survey, directors selected cybersecurity threats as one of the trends most likely to have the greatest effect on their companies in the next 12 months.1
Current and Emerging Practices in Cyber-Risk Oversight, a briefing based on the insights received from Fortune 500 risk and advisory committee chairs during a meeting of the NACD Advisory Council on Risk Oversight, can help your board to
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ask your management team the right questions about its approach to cyber incident response preparedness, budgetary allocations, talent strategy, and regulatory compliance;
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assess enterprise-wide blind spots in cybersecurity strategy;
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evaluate the expertise and talent necessary to execute the organization’s broader cybersecurity strategy;
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examine the format and content of cyber-risk reporting; and
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consider avenues through which your company can engage in information sharing within its industry or the public sector.
NACD created the Advisory Council on Risk Oversight with PwC and Sidley Austin LLP to support a sustainable, profitable corporate America through improving stakeholder communications, national dialogue on the board’s role in risk governance, and overall risk oversight practices.
This resource will help directors stay on their toes in the global cybersecurity struggle—ensuring that they are prepared to respond to cyber events, fulfill corporate risk oversight expectations, and reduce overall risk exposure.
Download the briefing now.
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1 2018–2019 NACD Public Company Governance Survey