The Morning Risk Report: Boards More Involved on Cyber – Risk & Compliance – WSJ

More than two thirds of company board members are more involved with cybersecurity issues than they were a year ago, according to a new survey by BDO USA, a consulting firm. Nearly 90% of the 150 public-company board members who responded to the survey said they’re briefed on cybersecurity at least once a year,  with a third briefed at least quarterly on the issue. Seventy percent said they have increased company investments against cyber-attacks during the past year, the survey found.

Shahryar Shaghaghi, national leader of technology services for BDO, said the board participation and involvement numbers are encouraging, but he now expects more as a result of the investment. “I think we need to move from reactive, which is responding to breaches and notifying the board, to a more-proactive state, where the board can understand what’s going on in the organization,” he said.

via The Morning Risk Report: Boards More Involved on Cyber – Risk & Compliance – WSJ.

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