On the Board of Directors? Beware of These Six Common Cyber Security Myths

The days when cyber security was merely a technical or niche issue to be dealt with by some small department in the basement are long behind us. Boards now have CISOs and CIOs, and yet there is still a need for all directors to understand the impact of cyber security risk when making strategic business decisions as well as to understand what to ask when a breach takes place.

Failing to grasp the nature of cyber security in today’s business environment can have dire consequences. Proper board preparedness and planning are critical both to protecting the business and to insulating officers and directors from liability.  Accordingly, directors must ensure that the business is ready to face cyber risks and the potential legal ramifications of those risks by aligning the organization’s cyber risk profile with its business needs.

Of course, there is no shortage of information out there on cyber security and cyber risk, but much of it is couched in sales and marketing jargon peculiar to one vendor or another, and what isn’t is often aimed at a technical audience with a level of detail that is rarely relevant to high-level decision makers. In this post, we cut through the clutter and cover the basics of cyber risk management for directors by dispelling six common cybersecurity myths.

Myth 1: Cyber Security Is Only Necessary for Some Businesses

Many believe that only certain kinds of companies require cyber security and that if they are not in that list, cyber security

Read more

Explore the site

More from the blog

Latest News