Description
Directors and officers of organizations grapple with how to manage and govern cyber risks. From asking simple questions about whether their company has a mature cybersecurity program to fielding more complex queries about ransomware and cyber insurance, boards and executives should understand what cyber governance really means and how they should be exercising oversight of digital risks. This practical and timely guide will help directors and officers, and those who counsel them, understand how to appropriately govern cyber risks. Written by leading expert Jody Westby, this resource provides the basic information directors and officers need to know to meet their fiduciary duties, exercise appropriate cyber governance, and protect their organization against shareholder derivative and securities lawsuits. Practical and user-friendly, this guidebook contains checklists, practice tips, charts, and resources to help you: Develop a governance framework in alignment with best practices and standards Understand the elements of a cybersecurity program Ensure privacy and security compliance requirements are met Manage a cybersecurity incident and make hard decisions Develop appropriate risk transfer and management strategies And more! As an added bonus, the book includes a cyber governance checklist, a cyber lingo cheat sheet, and a list of abbreviations that serve as a guide and reference.
