Safeguarding assets has been an important objective of all organizations for centuries. In today’s digital age, however, what does safeguarding your assets really mean? Who is responsible for it? And how is “protection” actually achieved? As important, what threats, risks and challenges does cybersecurity add to the organization’s already mounting responsibilities?
“Although the risks presented by technology are not new to the corporate arena, the dynamic nature of cybersecurity presents a unique challenge to companies and boards. The increasingly fast pace of technological changes creates many targets and makes defense systems more complex and more difficult to manage and control,” as noted in CyberSecurity: Boardroom Implications,
a 2014 National Association of Corporate Directors (NACD) paper.