How does a lack of adequate cybersecurity expertise on the Board lead to governance failures, and how can Boards and C-Suites fix this issue?

Join us on #CyberBoardCast™ with Andrzej Cetnarski, Episode 242, as we explore why cybersecurity expertise on the Board is crucial for effective oversight and governance, and how to address this gap adequately.

Ep242: Board Cyber Mistake #2: Lacking Adequate Cybersecurity Expertise on the Board and How to Fix It

With a 37.5% chance of experiencing a breach in the next two years, Boards’ lack of cyber-ready governance poses significant risks. Two common mistakes include:

Not including a director with cybersecurity expertise, leading to inadequate oversight and a centralized view of cybersecurity around the CISO.

Having one cybersecurity expert on the Board, which centralizes cybersecurity again, this time on the Board, and introduces a false sense of absolution of other directors from their individual cyber roles and responsibilities.

Consider the 2023 MOVEit Transfer data breach. The lack of cybersecurity expertise on its Board led to inadequate oversight, causing severe financial and reputational damage.

Discover how to fix this critical issue. In our next episode, we’ll address Mistake #3 – Inadequate Integration of Cybersecurity into Business Strategy and how to fix it.

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