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A great article on the importance of Board governance and the challenges necessary for boards to oversight and assure fast moving, complex digitial risks such as those posed by AI, Cyber, Cloud and Information management.’The boardroom processes of the past simply aren’t fit for the future, and as the pace of technological change accelerates, boards need to move beyond traditional frameworks and embrace a future that is driven by adaptability, innovation and foresight.’Artificial Intelligence, cybersecurity, cloud and information management are critical to the success of todays boards and corporate performance. Our digitial dependency has driven us very quickly to a point where boards need clear understanding, management and governance over digitial. Digital has created a suite of fast moving, complex risks that boards need to pay close attention to. Requiring increasing amounts of board attention and knowledge skills and experience to evaluate, oversight and assure these risks to protect corporate value.Board governance will need to account for continuous collaboration between board members and down into the executive teams responsible for the management of digitial risk. Driving inclusivity from areas not normally associated with continuous board engagement such as AI, IT, cyber, audit and risk. Fostering governance structures that do not necessarily exist today such as the 3 line of defence.Veritas GRC has developed cybersecurity risk management governance programs for boards and will soon release its board AI governance program. Programs that focus on developing the necessary knowledge skills and experience for board to oversight and assurance these complex risks.@Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan#cybersecurity #cyberriskmanagement #artificialintelligence #digitialrisk
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