The Board Perspective: Developing Effective Cyber Governance

Key takeaways

• More board involvement is necessary to guide cybersecurity strategies that protect the company.
• An "enterprise as a system" approach enables the board and management to contextualize cyber risk.
• EAS builds an understanding of complex interconnections and their influence on enterprise risk.

Cybersecurity has rapidly evolved from being a concern within the information technology department to a fundamental function of successful business operations. With this transition, more board involvement is necessary to guide cybersecurity processes and strategies to protect the organization effectively. However, many boards lack key context to fully understand the impact of evolving cybersecurity risks, highlighting a main challenge to success and sustainability.