The 2022 What Directors Think survey—fielded in the fall of 2021—revealed directors were increasingly concerned over cybersecurity and further disruptions in their supply/value chain. Then came a war.
In the midst of the Russian invasion of Ukraine “you’ve got to be aware of what the new threats are,” says former Secretary of Homeland Security Michael Chertoff.
From a global health pandemic, coping with the Great Resignation and growing stakeholder pressure for corporate accountability to a changing regulatory landscape and a drastic shift in customer behavior and tech-fueled innovation, there’s no shortage of items on today’s agendas.
Only 59 percent said cybersecurity training was offered to the board and just 9 percent said their policy ensures full resilience against business interruptions.
Corporate Board Member’s annual survey of U.S. public-company board members, conducted in partnership with Diligent Institute, reveals directors’ top concerns, challenges and agenda items for the year ahead. What’s on your mind? Cyber, talent and that oh-so-volatile economy.
If management executives, the board and the IT teams aren’t sharing the same information, it will be nearly impossible for companies to stay ahead of fast-evolving cyber threats.
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