Brown To Boards: “Avoid A False Sense Of Confidence”
Long-time director Colleen Brown shares her views on cyber risk oversight ahead of the upcoming Cyber Risk Forum.
Long-time director Colleen Brown shares her views on cyber risk oversight ahead of the upcoming Cyber Risk Forum.
Boards will continue to face demands for more diverse competencies, innovative thinking, complex problem-solving and stronger governance.
A smart board of directors understands that cybersecurity is a management issue—not just a technical one.Â
Every member of the board has some level of accountability for knowing what constitutes cyber risk and how to best manage it. Fortunately, resources abound.
It’s no longer a question of whether a company will be attacked, but when. Rather than focus on prevention, boards need to embrace the idea of cyber resilience—or continuing to operate after a breach.
Softbank’s decision to require higher governance standards at companies it invests in may advance the argument that good governance reduces financial risk. It should also