Bob Zukis, CEO of Digital Directors Network and Professor at USC Marshall School of Business, took time out of his busy schedule to talk about cyber risk and board awareness with Chad Boeckmann on this episode. Bob discusses the results of a panel survey from the NACD (National Association of Corporate Directors) annual summit in Washington DC relative to cyber security and cyber risk. Bob talks about the urgency for Board's to address cyber risk as part of the regular agenda and warns if companies do not begin to take this initiate regulators will enforce action to do so. Ensuring transparency of a governing board to address cyber risk is the heart of the matter and having the necessary skills on the board to adopt and manage cyber risk at eh board level is ultimately where organizations need to focus. We continue the dialogue on trends for this adoption and the estimated timeframe for cyber risk expertise to sit on boards across all public companies.
If you are a corporate director with fiduciary risk, you really should listen closely to this episode to understand how to address the cyber risk challenge at the board level.
Digital Director Network (DDN): https://www.digitaldirectors.network
USC Marshall Profile: https://www.marshall.usc.edu/personnel/bob-zukis