When we predicted the issues boards will have to confront in 2014, we identified cybersecurity at the top of the list. In the wake of a series of high-profile data breaches, this issue has proven to be front and center for corporations and their leaders. The White House, Congress and the SEC have all made inroads to address this sprawling web of issues. Last month, we looked at the SEC’s guidance to the securities industry on cybersecurity and offered a roadmap for U.S. companies.
Today, the National Association of Corporate Directors just released Cyber-Risk Oversight report, which offers practical tips to corporate boards. We suggest taking a look at the executive summary here.