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A common language between securing the company and securing the corporate balance sheet needs to be reached, if boards are going to be successful in managing the current and future critical risks like cyber, AI and Digital.
Regulators talk about cyber as the biggest non-financial risk companies face today. Aligning risk taking and cyber risk management is key for both the success of cyber security and for the success of the company.
There is a dichotomy in security management at the board which needs addressing. Getting the CISO at the board table articulating the right message, and the board involving the CISO in risk taking decisions. Which if not addressed will create more risk for the corporate balance sheet.
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