Source: Council of Foreign Relations.
CEOs and their boards of directors should pay more attention to the cybersecurity risks that could devastate their business…. To convince board members and CEOs to act, they must first be convinced of the acute consequences of failing to implement proper cybersecurity measures.
“Properly assessing these risks and allocating resources require informed decision-making by a company’s leadership. Although some companies have hired dedicated security teams, security is no longer the exclusive responsibility of chief information security officers (CISO) or IT departments. Instead, CEOs and board members must initiate organizational improvements if companies are to protect themselves.” >>