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ARTICLE · 15 FEBRUARY 2023

The Role Of The Board In Cybersecurity And Information Technology Governance

Corporate governance encompasses the system of rules and regulations that governs the affairs of a company. It seeks to ensure that the financial and non-financial interests...

NigeriaTechnology

Introduction

Corporate governance encompasses the system of rules and regulations that governs the affairs of a company. It seeks to ensure that the financial and non-financial interests of all stakeholders in the corporate ecosystem are balanced.

t is important to highlight that Corporate Governance is based on three core principles which are accountability, transparency and security. For the purpose of this newsletter, our focus will be on security in relation to information technology as a principle in Corporate Governance.

Information Technology (IT) is a broad term that involves the use of technology to communicate, transfer data and process information. The different trends in information technology include but are not limited to analytics, automation, artificial intelligence and cybersecurity1 . The world as we know it today is controlled by information as these forms the basis for some of our interactions, transactions, career and social network.

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