Developing A More Effective Risk Report For Your Board

Developing A More Effective Risk Report For Your Board

Average total cost of a breach at enterprises of more than 25,000 employees is $5.52million according to a recent study by Ponemon Institute. This cost is $2.64 million for organizations under 500 employees. The cost of risk is real and growing. These statistics show the impact of just one type of risk, technology breaches but today the enterprise risk landscape is ever evolving. It’s driven by business disruption, technology breaches, and workforce safety issues, as well as productivity issues and brand and reputation damage.

For any public company, it’s safe to say that enterprise risk, cybersecurity, and privacy are on the agenda of every quarterly meeting of their board of directors. The board faces tremendous pressure to fulfill its oversight responsibilities to effectively manage these critical issues.

Read this paper to understand :

  • Reporting on privacy matters to the board
  • Common challenges in presenting risk to boards
  • Board cyber security maturity model
  • Reporting on privacy matters to the board



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