Are you prepared
for the challenges
of cyber crime?
It is easy to get overwhelmed by complexity
Cyber criminals are ramping up the pressure
Cybercrime is one of the fastest, and most profitable industries. New ways to steal your data and wreck havoc with your IT systems are constantly being developed. And behind all these attacks are a combination of mere criminals but also the full might of nation states cyber warfare resources.
There is a bewildering - and expensive - array of cyber security offerings
There are 10th of thousands of IT cyber security companies offering different products and services. It is a complex task to filter out the products that really will improve cyber security.
At the same time - if your IT systems is a mix of old and new, only partially updated, poorly documented etc. - then it is probabaly not possible to defend. And if ONE person among your staff click on the wrong link, you have opended the door for intruders.
But what is the role of the Board in this battle?
The mission of the Board is to ensure the prosperity of the company it oversees. The Board does this by appoining a trusted CEO, support him/her in setting the corporate strategy and oversees its implementation. Typically quarterly meetings are sufficient – sometimes complemented with “strategy days”.
However – cybercrime can ruin your company 24/7/365. And it can happen in any number of ways. So is there a need to change the traditional role of the Board and the governance of the Board?