PARAVA – NEW WEBSITE – LoB 1.0

Cybersecurity regulation drives cybersecurity risk management compliance ‘Left of Bang’ into the boardrooms of public and private organisations.  Creating a requirement for Boards to improve their situational awareness through oversight and assurance of cybersecurity and Governance and requires boards to make better, more informed decisions about their cybersecurity posture.

Where once boards had an option to implement cybersecurity, they must decide if they want to participate in a regulated market; they must implement cybersecurity risk management.  When cyber regulation turns to enforcement, it will set a precedent, reaffirm compliance standards and be tested in court. Enforcement actions place corporate boards and security professionals on notice that their decisions could be assessed at a future date, in response to the decisions made in assessing cybersecurity risks, mitigating risks, and responding to cyber incidents.