Article posted: Oct 23, 2015
There was a time when 28 percent of organizations made no presentations about security to their corporate boards, and nearly one in three corporate boards had no involvement in cybersecurity threats. That time was this year! For the complete story, check out our article in Security Magazine. It's the second part of our series focused on board members and security. Part one, viewable here, talks about what board members should know about security. And this latest article examines the board's role in securing the enterprise.
Article posted: Oct 14, 2015
Since the ouster of Target's chairman, president and CEO in May 2014, board of directors are realizing that their own job security is closely linked to the overall security health of their companies. Corporate security is no longer a CIO-only problem and can negatively impact a company's stock price, customer retention rate and overall sales. A recent Gartner survey of nearly 1,000 people in large organizations found that corporate and cybersecurity have been elevated and now typically are governed by the board of directors. In fact, Gartner's results showed 71 percent of respondents saying IT risk management data influences decisions at the board level and reflects an increasing need to deal with IT as part of corporate governance. It's clear that board of directors must educate themselves if they want to protect their companies and their own jobs.