A recent Deloitte study disclosed that a meager 38% of Chief Executive Officers and 23% of board members were "highly engaged" in the subject. This isn’t surprising—business executives and corporate directors have long perceived cybersecurity as highly cryptic. Sadly, most executives are only forced to participate in cyber resilience by a damaging cyber breach. Meanwhile, regulators keep tightening pressure on corporate directors to ensure their cyber governance mechanisms are effective…
Read moreExecutive support matters now more than everHistory has taught us that senior business officers are ultimately held accountable for managing vital business risks. High profile examples abound. In 2006 Jeffrey Skilling received a 24-year prison sentence following Enron’s massive accounting scandal and ensuing bankruptcy. In 2010 Tony Hayward was dismissed from BP following the drilling…
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