Cyber risks are increasing for companies as operations become more reliant on technology. Cyber attacks threaten businesses through damage to operations, data breaches, and loss of reputation. To manage cyber risk, company boards must make it a top priority and actively seek out vulnerabilities before crises occur. Boards should identify their most critical assets, assess cyber risks, and implement protections like training, software, and monitoring to develop cyber resilience for current and future threats. Embracing cyber resilience can help companies minimize damage from security breaches while taking advantage of technology.