Cyber risk is no longer an IT issue, but a boardroom one. The question is: how should boards navigate what is largely unknown territory?
As breaches escalate and regulators sharpen their focus, cyber incidents now carry serious financial, legal and reputational consequences.
In this episode, we examine why cyber security has become one of the most urgent governance risks facing boards and directors across New Zealand. You'll find out what boards should be asking, what separates organisations that recover fast from those that spiral into crisis, and the daunting and emotional toll of dealing with a cyber attack in real-time.
In this episode: Patrick Sharp, General Manager - Aura Information Security discusses global trends and the vulnerabilities that lead to attacks, Susan Cuthbert, Principal Advisor – Governance Leadership Centre (IoD) explains the measures that need to be put in place to ensure regulatory measures leave appropriate room for directors to make the best decisions for their organisations. And company director Shayne Hunter recalls what it was like to assist in a cyber response, in what was labelled as the worst ever ransomware attack New Zealand has ever seen.
For more information or access to board tool kits and free resources head to iod.org.nz