Our recent Global Directors and Officers (D&O) Cyber Risk Survey underscored the continued prominence of cyber threats—cyber-attacks, data loss, and cyber extortion—ranking as the foremost concerns for directors and officers. This extensive survey canvassed diverse businesses, across various sectors, to glean insights into their approach to cyber risk management, with a special focus on cyber risk governance.
Notably, the survey reveals a shifting landscape where the sponsorship and oversight of cyber risk management increasingly gravitates towards the board, CEOs, and senior leadership levels.
In light of the escalating frequency and sophistication of cyber-attacks, it is imperative for businesses to cultivate a comprehensive approach to cyber risk governance. This entails a rigorous examination of key cyber risks and the development of a robust cyber risk governance framework.
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