Simply being “cyber aware” is an unviable option for board members as the impact of cybersecurity expands beyond IT systems. An unnoticed security gap or dated risk assessment are minor mistakes that can lead to cyber breaches that could render the company obsolete. Considering the serious risks associated with poor cybersecurity, boards are becoming more involved in cyber risk management and recognize that it is not just an IT issue but a concern that impacts the entire organization’s success.
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