Rethinking how we relay risk – why poor cyber risk reporting is still an issue

Source: SC Magazine.

Risk may be now on the corporate agenda but cyber-risk reporting remains an issue. So James Henry asks how do we ensure risk becomes actionable intelligence?

High profile data breaches have seen cyber-risk move up the corporate agenda in recent months, but the picture is still far from rosy. Board execs admit they still feel out in the dark in many respects, with up to 90 percent briefed annually and only a third briefed quarterly. Moreover research among FTSE 350 CEO’s, NEDs, and Chairs of Audit Committees found 70 percent felt ill-informed because they received limited cyber-risk management information…

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