What Do the Recent Cyber Security Attacks Mean to Your Board of Directors?

by | Feb 16, 2016

President Obama recently stated that the U.S. will sharply increase its spending on cybersecurity, but many feel the government has been slow to respond to this ever-increasing intrusion into the day-to-day lives of Americans. With the secure data of so many large corporations already compromised, consumers are rightfully angry.

In addition to that, the press is now reporting that victims are taking matters into their own hands. They want to hold corporate directors legally responsible for not doing a better job of protecting sensitive data. This had led many in directorship or executive positions to seek some type of comprehensive solution to this timely problem.

Cybernance understands the problems your board is facing. We have developed a unique solution that addresses each issue. Our original Cybergovernance Maturity Oversight Model (CMOM) combines industry standard frameworks from both the Department of Energy (C2M2) and the National Institute of Standards and Technology (NIST).

Risk Governance and D&O Coverage

This program is specifically designed to reduce the financial risk of your Board of Directors, while equipping these key leaders with the knowledge they need to exercise their fiduciary duty to shareholders. Cybernance also provides an unbiased view of your company’s readiness to deal with cyber-attacks. This is a significant step in preparing for the future.

Enterprise companies must be prepared to protect themselves from legal action and their confidential data from intrusion. Cybernance is there to ensure success by providing a warranty for legal expense protection in the event that a cyber breach claim is excluded from D&O coverage.

Get more in-depth coverage with the Cybergovernance Journal

Unique Facts About D&O Liability Insurance

The fact is that victims often want to allocate blame when something goes wrong. This can leave the directors and managers in a company at risk.

Third Party Risk Assessment Management

Today’s savvy CISO’s understand third party risk assessment. With so many data breaches taking place each year, consumers are understandably upset.

Boardroom & Director Training for Cybersecurity

As Americans go about their regular activities, they must be constantly concerned whether their credit card information is truly secure.

Do You Have the Best D&O Policy?

An exceptional D&O policy will not only protect your personal assets from these threats, but it can also give you peace of mind.

Best Practices in Vendor Management

Hackers now seem to have no trouble getting into the most highly protected systems. This is the problem facing many third-party vendors today.

Cyber Thefts Made Worse By a Failure to Communicate at High Levels

In times of a cyber breach, fast communications are crucial to stop it. Yet many corporate heads are not sure how to handle the cyber risk issue.

Get your CMOM report Whitepaper to learn more about Cybersecurity and Cybergovernance and how it can improve your company.  Just fill out the form to the right.