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7 cyber security questions for boards

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The cyber security job is everyone's business including the Board of Directors, even without a cyber security degree. Recent cyber security news proves that. According to several studies, Boards are getting it wrong and are leaving cyber awareness and risk management in the hands of the CEO, CISO, CTOs and cyber security companies. In a sense they are abdicating their responsibility to the shareholders. This slideshare proposes 7 questions every board should be asking their company executives abour IT security. They're not necessarily all encompassing and don't take the place of real cybersecurity training, but will drive the discussion to better and more complete understanding of strategic risk. Questions cover the basics of cyber security training, cyber policies, who briefs and when at board meetings. Thanks.

Published in: Business

7 cyber security questions for boards

  1. 1. Cyber security questions for boards7 ???????
  2. 2. risk oversight is a function of the full Board…yet NACD  DIRECTOR’S  HANDBOOK  SERIES  2014  EDITION  
  3. 3. Did you know 50% OF BOARDS SEE Cyber Security AS AN I.T. ISSUE? PWC:  US  cybersecurity:  Progress  stalled,  Key  findings  from  the  2015  US  State  of  Cybercrime  Survey
  4. 4. That means 50% Are doing it wrong PWC:  US  cybersecurity:  Progress  stalled,  Key  findings  from  the  2015  US  State  of  Cybercrime  Survey
  5. 5. full Board involved in cyber risks =25% Good PWC:  US  cybersecurity:  Progress  stalled,  Key  findings  from  the  2015  US  State  of  Cybercrime  Survey
  6. 6. no Board INVOLVEMENT in cyber risks =30% Bad PWC:  US  cybersecurity:  Progress  stalled,  Key  findings  from  the  2015  US  State  of  Cybercrime  Survey
  7. 7. 26% OF BOARDS SAY CISO or CSO makes a presentation to the Board once a year UGLY PWC:  US  cybersecurity:  Progress  stalled,  Key  findings  from  the  2015  US  State  of  Cybercrime  Survey
  8. 8. 28% SAY their security leaders make no presentations at all. UGLIER PWC:  US  cybersecurity:  Progress  stalled,  Key  findings  from  the  2015  US  State  of  Cybercrime  Survey
  9. 9. What about 3rd Party vendors? PWC:  US  cybersecurity:  Progress  stalled,  Key  findings  from  the  2015  US  State  of  Cybercrime  Survey
  10. 10. 23% do not evaluate 3rd parties - that number is probably much higher PWC:  US  cybersecurity:  Progress  stalled,  Key  findings  from  the  2015  US  State  of  Cybercrime  Survey
  11. 11. cyber training is neglected KPMG Poll
  12. 12. only 50% of EMPLOYEES RECEIVE PERIODIC cyber TRAINING PWC:  US  cybersecurity:  Progress  stalled,  Key  findings  from  the  2015  US  State  of  Cybercrime  Survey
  13. 13. PWC:  US  cybersecurity:  Progress  stalled,  Key  findings  from  the  2015  US  State  of  Cybercrime  Survey only 50% of EMPLOYEES RECEIVE Initial cyber TRAINING
  14. 14. Cyber Security’s biggest obstacle? Cyberedge Group 2016 report
  15. 15. Low security awareness among employees Cyberedge Group 2016 report
  16. 16. So here are the 7 questions
  17. 17. How are key business processes affected by different types of cyber attacks? (i.e. Ransom ware, Denial of service, Data breach, etc) 1
  18. 18. Leads to discussion on what type of cyber security we have and why 1
  19. 19. Is our physical security adequate & is it congruent with our cyber security? 2
  20. 20. the two are interrelated NACD  DIRECTOR’S  HANDBOOK  SERIES  2014  EDITION   2
  21. 21. who are our 3rd party vendors? 3
  22. 22. and what risks do they pose? 3
  23. 23. who is responsible for cyber security training? 4
  24. 24. HR, IT, CISO, etc? 4
  25. 25. Have officers and directors received cyber security / information assurance training? 5
  26. 26. these are high profile, high risk positions 5
  27. 27. how do we vet our administrators? 6
  28. 28. snowden was a contractor…just saying 6
  29. 29. who’s working for you? 6
  30. 30. who does the ciso report to and why? 7
  31. 31. Cyber security questions for boards7 1. How are key business processes affected by different types of cyber attacks? 2. Is our physical security congruent with our cyber security? 3. who are our third party vendors? 4. who is responsible for cyber security training? 5. have officers and directors received cyber security training? 6. How do we vet our administrators? 7. Who does the ciso report to? www.paulmcgillicuddy.com
  32. 32. Share please

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