The New Cybersecurity Imperative: Cyber Governance

From 2019 to 2020 the number of cyber intrusions at corporations increased by 400%, prompting increased scrutiny of how corporate boards oversee cybersecurity issues. Consequently, cyber governance — the elevation of cybersecurity risk management to board-level oversight — is critical to effective management of cybersecurity and cyber risks. Investors, industry experts and regulatory bodies all view cyber governance as necessary to fortifying overall cyber resilience. In the new paradigm where any company can expect an attempted hack in the near future, board cyber governance performance is becoming a part of key external assessments across sectors.