Eighty percent of cybersecurity breaches occur because of a mistake made by people inside an organization. Imagine creating a cyber-conscious culture throughout the company that establishes strong cyber policies and processes engaging the organization from the top down to protect customer and company data.
Mike Shultz, CEO
Boards, executives, and employees need a common language to enable effective cybergovernance.
It’s no secret that cybersecurity poses massive risks to organizations. Boards are aware and engaged, but often struggle to understand how they can be effective stewards of such a technologically complex challenge.
Standards-based reporting that relies on frameworks like NIST and ISO 27001 creates a common language among stakeholders. A platform focused on cross-functional collaboration draws all key stakeholders to the table.
“It’s critical that we start to demystify cybersecurity for the director community. Directors don’t need to be technology experts, but they must play an effective role in cyber-risk oversight.“
Ken Daly, NACD CEO
“Directors could or should be held personally accountable for cyber security breaches if they fail to keep their eye on the ball.”
SEC Commissioner Luis Aguilar
Harvard Law School Forum on Corporate Governance and Regulation
- Executives who expect an increase in shareholder suits 60% 60%
- Executives who expect cybersecurity regulation 72% 72%
NYSE Governance Services