Is your board prioritising cybersecurity? Seven questions to ask
Cybersecurity may be a difficult area for organisations to address because it is constantly evolving. Threats are growing more malicious, and cybercriminals are growing more sophisticated.
As a result, cyberattacks are not just costly, they may negatively affect brand perception, customer loyalty, and overall shareholder value.
As threats proliferate, they are becoming a critical topic of conversation in boardrooms worldwide. Although boards and executive teams are aware of cybersecurity’s impact on business growth and perception, some struggle to find the right benchmarks to ensure they have the right cybersecurity strategies in place.
Nasdaq Governance Solutions has identified seven key questions for boards to consider, including:
- Which committee is managing oversight?
- What cybersecurity risk updates and priorities are regularly disclosed?
- How is the board helping develop the next generation of cybersecurity leaders?
The full list of questions to ask your board when assessing your cyber risk priorities, and the answers, can be downloaded here.
About Nasdaq Governance Solutions:
Nasdaq Governance Solutions supports public, private, and non-profit organisations worldwide on their journeys to achieve board effectiveness and drive governance excellence. Our user-friendly Nasdaq Boardvantage® board portal streamlines meeting management, collaboration, and decision-making for boards and leadership teams. Nasdaq EnGauge™ transforms paper-based directors’ and officers’ (D&O) questionnaire processes into data-driven processes. Plus, our Board Engagement team works directly with organisations to implement board evaluations that promote alignment and continuous improvement. For more information, visit our website or contact us.
