Most boards are cognizant of market, competitive and management risks, but very few boards see cybersecurity as an area in which they need to exercise oversight.
Corporate boards, upon learning of a cybersecurity breach or a deficiency in company practices and procedures, should consider proactively hiring an independent monitor to improve cybersecurity practices.
The concern over cybersecurity and data breaches is understandable given the virulence of such attacks in recent months.
In part 1 of our 2-part interview, Corporate Board Member caught up with Chertoff to talk about cyber threats and what business leaders should be focusing on in cybersecurity.
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