1. Cyber security
questions for boards7
???????

2. risk oversight is a
function of the full
Board…yet
NACD
DIRECTOR’S
HANDBOOK
SERIES
2014
EDITION

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. That means
50% Are doing
it wrong
PWC:
US
cybersecurity:
Progress
stalled,
Key
findings
from
the
2015
US
State
of
Cybercrime
Survey

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. no Board
INVOLVEMENT in
cyber risks =30%
Bad
PWC:
US
cybersecurity:
Progress
stalled,
Key
findings
from
the
2015
US
State
of
Cybercrime
Survey

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. 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. What about
3rd Party vendors?
PWC:
US
cybersecurity:
Progress
stalled,
Key
findings
from
the
2015
US
State
of
Cybercrime
Survey

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. cyber training
is neglected
KPMG Poll

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. PWC:
US
cybersecurity:
Progress
stalled,
Key
findings
from
the
2015
US
State
of
Cybercrime
Survey
only 50% of
EMPLOYEES
RECEIVE Initial
cyber
TRAINING

14. Cyber Security’s
biggest obstacle?
Cyberedge Group 2016 report

15. Low security
awareness among
employees
Cyberedge Group 2016 report

16. So here are the 7
questions

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. Leads to discussion on what type of
cyber security we have and why
1

19. Is our physical
security adequate & is
it congruent with our
cyber security?
2

20. the two are
interrelated
NACD
DIRECTOR’S
HANDBOOK
SERIES
2014
EDITION
2

21. who are our 3rd party
vendors?
3

22. and what risks do
they pose?
3

23. who is responsible for
cyber security
training?
4

24. HR, IT, CISO, etc?
4

25. Have officers and
directors received
cyber security /
information assurance
training?
5

26. these are high profile,
high risk positions
5

27. how do we vet our
administrators?
6

28. snowden was a
contractor…just
saying
6

29. who’s working for
you?
6

30. who does the ciso
report to and why?
7

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. Share please