At Cyber Governance, our mission is to empower boards in their governance responsibilities by helping them navigate the potential operational impact of AI, data, and cybersecurity risk management. We facilitate a contextual business understanding of the relative importance and interaction of the core systems that define and control their enterprise. Our focus on organizational, educational, and cultural initiatives aims to close the digital risk governance gap between the board and management.
Assist boards and management in developing a shared understanding of the interaction and relative importance of the processes, data, and digital systems that define business operations. Begin with a high-level business process map and an understanding of data flows, followed by using business language to describe the function and risks associated with a single critical business segment. This shared understanding of how your business operates is vital for effective board governance and facilitates the creation of a customized governance framework. It contextualizes cybersecurity risk management, improves communication between the board and management, and informs decisions regarding digital risk governance, incident responses, and risk triage.
Review and recommend to the board governance changes regarding management authorities and responsibilities for cybersecurity risk management and data protection, aiming to develop a holistic and resilient approach to digital risk governance. Consider enhancing the board by adding cybersecurity expertise and ensuring that risk management experts report directly to senior management. Evaluate the structures of the board and management risk committees, along with their approval processes for policies and procedures. Clearly defined roles, authorities, and responsibilities for both management and the board facilitate the control of digital risk, protect data, and minimize operational disruptions and recovery times from inevitable cyber incidents, thereby fostering a resilient enterprise.
Review and recommend to the board governance changes to security behavior and culture programs aimed at fostering an enterprise-wide shared responsibility for cybersecurity risk management and digital risk governance while minimizing management burnout. This includes implementing short, frequent training episodes, communicating emerging threats and actual incidents, as well as rewarding good behavior. Since a majority of cyber incidents are caused by people, it is essential that security awareness transcends the IT group and becomes a collective responsibility throughout the enterprise.