CISOs Leading Cyber Risk Engagement with C-Suite & Board

 

In a significant move to enhance cybersecurity measures, the Securities and Exchange Commission (SEC) has recently approved new regulations. These rules mandate that public companies must promptly disclose any cybersecurity breaches within a strict four-day timeframe.
Additionally, the SEC requires these companies to elevate their Board’s proficiency in handling cyber risk and overseeing cybersecurity matters. 

The proposal for these regulations was initially introduced in 2022, and the final decision was reached in July 2023, marking a crucial step in bolstering cybersecurity practices in the corporate sector.
Over time, computing technologies have witnessed an extraordinary exponential growth through distinct eras. 
Initially, we saw the dominance of centralized mainframes, which later gave way to microcomputers and personal computers (PCs) during the 1990s.
The subsequent era was marked by the rise of the internet, followed by the revolutionary surge in mobile devices during the 2000s. As we moved into the 2010s, the expansion into cloud computing emerged as a pivotal trend, reshaping the landscape of technology and opening new possibilities for the future. 
Successful engagement with the C-suite hinges on establishing a clear and straightforward link between cyber risk and business risk. The key lies in presenting a comprehensive understanding of the severe implications that such attacks could have on essential business objectives. By doing so, organizations can foster a deeper appreciation of cybersecurity’s critical role in safeguarding their core business interests.&nbs

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