What does Future Forward Cyber Board Governance Look Like?

The cybersecurity landscape is evolving into an artificial intelligence (AI) driven arms race.  AI is revolutionizing cybersecurity preparedness, but it’s also arming cybercriminals with new, sophisticated attack strategies.

Boards should recognize that cyber risks are not just an IT issue. All too often cyber security is pushed onto an Audit Committee. While continuous monitoring and regulatory compliance may be a good battle strategy, what about after the worst happens? Responsible Board Governance must also include strategies for recovery and reputational repair. 

CKP has watched organizations struggle to understand Cyber risks. They wonder if a separate Cyber committee is warranted.  Trust us, it is.  Elevating Cyber out of Audit to its own committee allows the committee to focus on the risks and more future oriented questions that prepare for the aftermath as well as how to recognize and mitigate a breach. 

AI catapults the risk of cyber espionage into a much bigger issue than ever before.  To prevail in this arms race, you need a structured, Cybersecurity Governance framework that integrates risk into Enterprise risk management, combined with operational accountability for response and recovery in addition to mitigating vulnerability.

A standing Cyber committee should help steer your Board toward strategies that mitigate risks and lead conversations that position your organization for a sustainable future.