Aligning Cybersecurity and Governance What your Board of Directors Needs to Know Now
In today’s day and age, cybersecurity is everywhere you look – with a quick Google search of the term resulting in over 11 million hits. Articles providing guidance are flooding LinkedIn, Twitter and other news outlets daily. As advisors immersed in the industry, we know that many financial institutions are beginning to discuss cybersecurity among themselves quite often. And, as you might expect, there is a lot to learn and understand especially from the perspective of the Board and Senior Management.
The Banking industry as a whole is craving to learn more about Cyber Risk Management. And now more than ever, it is imperative that your Board of Directors execute their governance responsibility over the process. The Board should not only be emphasizing a security minded culture, but also receiving regular communication from Management as to the Banks cyber security efforts. Those institutions that have well-defined risk management processes in place and appropriately involve their Board of Directors will not only fair better as it relates to cybersecurity preparedness, but in the long run will make more sound decisions on the right mix of products and services to help guide their growth.
During this complimentary webinar we will focus on how your Board of Directors should be evaluating and dealing with risks to include:
- Board Member Responsibility
- Top Risks to Board Members
- Regulatory Scrutiny
- Board Member Considerations
- Cybersecurity Assessment Overview
- Practical Considerations
- And more!
So, if you’re interested in learning how to execute your governance responsibility over the cybersecurity process, join us on APRIL 13th as we walk you through what other Board members are looking at, how they are evaluating risks today and where your Bank stands with respect to best practices around cybersecurity risk management.