Directors and executives want to believe their companies are adequately protected against cyber threats. ISACA’s recent survey of leadership teams reinforces the notion that most corporate leadership teams recognize cyber risk is a material threat to their businesses. As the research points out, 55 percent of respondents agree that their organization’s leadership team or board is doing everything it can to safeguard the organization’s digital assets. But, does this perception represent reality?
In a recent study conducted earlier this year by NYSE Governance Services and Diligent, 381 directors of public companies were surveyed regarding their secure communication practices and their level of awareness of how those practices might impact the company’s level of cyber risk. The results were sobering – and indicate a disconnect between what directors and executives believe about cyber security and the cyber risk created by their own communication practices.
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