Cybersecurity and Technology Governance: A Board's Role in Risk Management and Oversight

In our recently concluded Digi Dialogues on Cyber Security and Risk Management, Our speaker Shashank Shekhar spoke on Cybersecurity and Technology Governance: A Board's Role in Risk Management and Oversight

Key Highlights
Board Responsibilities: Highlighted the expanding role of boards in overseeing IT governance, risk management, and compliance, emphasizing the importance of independent directors with IT and cybersecurity expertise.

Strategic Integration: Advocated for integrating cybersecurity into all strategic business decisions and fostering a culture of awareness and accountability.

Continuous Improvement: Stressed the need for regular security budget reviews, proactive risk management, and continuous training on emerging technological trends and regulatory changes.

Boards in financial services are increasingly responsible for IT governance, risk management, Boards in financial services are increasingly responsible for IT governance, risk management, and compliance. The presentation highlighted the importance of having independent directors with substantial expertise in IT and cybersecurity. Integrating cybersecurity into all strategic business decisions and fostering a culture of awareness and accountability across all levels were emphasized. Continuous improvement in cybersecurity oversight and reporting was advocated, along with proactive risk management and board training on emerging technological trends and regulatory changes.

Watch our session for more insights

#CyberRisk #InfoSec #DataSecurity #SecurityAwareness #CybersecurityThreats