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CYBER-RISK OVERSIGHT HANDBOOK FOR CORPORATE BOARDS

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The document acknowledges the contributions of various professionals and organizations in developing the Handbook, emphasizing that the content reflects collective inputs and consensus rather than individual views. It highlights the importance of board directors adopting best cybersecurity practices and ensuring cyber literacy among all members. The responsibility of board members has increased due to the growing cyber threats, necessitating a robust enterprise-wide cyber-risk management framework with adequate resources. Additionally, it stresses the need for companies to assess cyber risks, have clear response plans, and consider cybersecurity implications during mergers and acquisitions. The document also mentions the importance of cyber expertise accessibility and the impact of cybersecurity vulnerabilities on business value.

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