In today's digital age, cybersecurity and privacy have become critical concerns for organisations of all sizes. As a board member, understanding these issues is no longer optional - it's a fundamental, and legal, responsibility.
Recognising and managing risk is a crucial part of the role of an organisation’s board of directors and senior management. Given the magnitude and prominence of cyber risk for most organisations, informed oversight of risk involves the board being satisfied that cyber risks are adequately addressed by the risk management framework of the organisation. - - Australian Securities and Investments Commission
Cybersecurity and privacy are crucial factors that can significantly impact your company’s bottom line.
- Risk Management: Cyber-attacks can result in significant financial losses, reputational damage, and legal liabilities. Board members must understand these risks to make informed decisions about risk management strategies.
- Regulatory Compliance: Privacy laws and data protection regulations are becoming increasingly stringent. Board members need to ensure their organisation complies with relevant legislation to avoid penalties.
- Strategic Planning: Cybersecurity isn't just an IT issue - it's a business issue that affects strategic planning, budgeting, and resource allocation.
How can I help you?
- Would you like to understand your legal obligations better?
- Would you like independent advice on your company’s security posture?
- Do you know what questions to ask your leadership, and can you understand the answers?
I have helped board members better understand their responsibilities, ask relevant questions, and navigate through the sea of jargon to really understand the cyber risks their company faces.
Engagements can take different forms: Some of the work I do as a fractional CISO is on a weekly or monthly fixed-time basis; Other engagements are on a retainer or project-based. It is all based on what works best for you and your specific needs.