These recommendations have been prepared as part of the project “Strengthening of strategic cyber competences in Danish companies”. The purpose of the project is to increase awareness of
cyber risks and to strengthen cyber security competences in Danish Boards and Executive Management, including in small and medium- sized companies.
The project is supported by the Danish Industry Foundation, as part of the effort to turn cyber security into a competitive advantage for corporations and society at large.
The project is managed by the Board Leadership Society of Denmark in collaboration with a group of partners, including Copenhagen Business School (CBS), CBS Board Education, the University of Aalborg (AAU), World Economic Forum, Dubex, EY, IBM, PwC, Centre for Cyber Security (CFCS), and Kromann Reumert.
Risk management is at the core of any business decision. The more digital products and infrastructure become, the more vulnerable the companies are to cyber attacks. Today, cyber attacks are among the most critical business risks facing corporations. A cyber attack may damage the profit, customer relations, and the reputation of a company. Accordingly, it is crucial to focus on cyber and information security in the board room.