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Now corporate boards have responsibility for cybersecurity, too

Abstract:

There was a recent ruling by US securities and exchange commission saying that public companies have to say which of their boards of directors have cybersecurity expertise. They have to state which if the board members have oversight of the risks as well as the process and frequency they discuss these topics. There has been a push for enhanced cybersecurity protocol one reason is the increase in data breaches by twenty percent. One step to the program discuss is cyber resilience. Which it states that board members should assume that cyber attacks are likely and plan for how to respond to them. As well as recovery and how to do so quickly. The other thing discussed is balanced scorecard approach which works to improve organizational performance and find areas of improvement and see risk and what is currently being done about it and how to make it better. Lastly is giving the board what information they need. There were key information

Author:
Keri Pearlson, MIT Sloan Executive Education
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Keywords:
MIT Political Science
MIT Political Science
ECIR
GSS