Enhance Board of Directors Communication:
The Cybergovernance Maturity Oversight Model
The board of directors is responsible for overseeing cyber risk. Since cybersecurity is an enterprise risk issue, it must command the attention of directors and enterprise risk managers. How can we enable directors to take a more active role in cyber risk oversight?
Audit committees, risk committees, and top executives must take a simple, two-step approach:
- Measure the complexity of their firm’s cyber risk, and
- Simplify the results and communicate them clearly to their board.
The Cybergovernance Maturity Oversight Model (CMOM) presents cyber risk in an intuitive, high-level view designed for board-level communication.
Cyber risk is not fundamentally different from other strategic risks. While cybersecurity training for corporate directors is useful, the core issue is cyber risk governance (cybergovernance). Cybergovernance is not a technical problem; it is a business problem that requires an understanding of the risks posed by cyber breaches.
Boardroom communication is critical in enabling proper cybergovernance (cybersecurity oversight) by corporate directors. Using NIST standards, the auditors, risk managers, and CISOs of the world can use our software platform to put the entire enterprise on the same page, including directors and executive management.
To download a whitepaper about how CMOM can help, please provide some basic information: