Cybersecurity: Board oversight of operational resilience planning
The article discusses the increasing frequency and disruptiveness of cyber attacks and the need for board oversight of operational resilience planning.
Amid more—and more disruptive—cyber attacks, regulatory agencies are closely scrutinizing businesses and their boards over what measures they have implemented to improve their operational resilience. Here we outline the questions that boards should be asking of management teams to exercise oversight of cyber preparedness. This memo forms part of a series examining critical legal and regulatory decision points, opportunities, and risks facing leaders in an increasingly uncertain global business... By: A&O Shearman